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Auto Parts

Advance Auto Parts

177 Lexington Ave, Mansfield, OH 44907

Listing Price: $952,000

Cap Rate
7.00%
Tenant Name
Advance Auto Parts
Years Remaining On Lease
3.5
Gross SF
5,675
Guarantor
Corporate Guarantee
Rentable SF
5,675
Price/Gross SF
$167.75
Lease Type
Double Net
Rent Per Square Feet
$11.74

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Advance Auto Parts in Mansfield, Ohio. The subject property is a 5,675-square-foot Advance Auto Parts located on 0.8 acres. The building has an all-brick construction with ample parking on a recently resurfaced parking lot.

Investment Highlights

  • 5,675-Square-Foot Advance Auto Parts in Mansfield, Ohio
  • Nearly Four Years of Remaining Lease Term
  • Newer Roof (with Warranty) and Recently Resurfaced Parking Lot
  • Tenant Has Been Operating Successfully at This Location for Over 23 Years
  • Significant Rental Increases in the Renewal Options
  • All-Brick Construction Building with Ample Parking
  • Positioned Along Lexington Avenue with Easy Access and Visibility to Over 12,000 Cars per Day
  • Tenant is Responsible for Taxes, Insurance and Common Area Maintenance

Exclusively Listed By

Listing Price: $952,000

Cap Rate
7.00%
Tenant Name
Advance Auto Parts
Years Remaining On Lease
3.5
Gross SF
5,675
Guarantor
Corporate Guarantee
Rentable SF
5,675
Price/Gross SF
$167.75
Lease Type
Double Net
Rent Per Square Feet
$11.74

Investment Highlights

  • 5,675-Square-Foot Advance Auto Parts in Mansfield, Ohio
  • Nearly Four Years of Remaining Lease Term
  • Newer Roof (with Warranty) and Recently Resurfaced Parking Lot
  • Tenant Has Been Operating Successfully at This Location for Over 23 Years
  • Significant Rental Increases in the Renewal Options
  • All-Brick Construction Building with Ample Parking
  • Positioned Along Lexington Avenue with Easy Access and Visibility to Over 12,000 Cars per Day
  • Tenant is Responsible for Taxes, Insurance and Common Area Maintenance

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Advance Auto Parts in Mansfield, Ohio. The subject property is a 5,675-square-foot Advance Auto Parts located on 0.8 acres. The building has an all-brick construction with ample parking on a recently resurfaced parking lot.

Exclusively Listed By

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