Advance Auto Parts

940 E Columbus St. Kenton, OH 43326

940 E Columbus St. , Kenton, OH, 43326
940 E Columbus St. , Kenton, OH, 43326 940 E Columbus St. , Kenton, OH, 43326
FOR SALE
Property Type:
Street Retail
Amount:
$685,000
Last Verified:
Oct 31, 2023

Highlights

  • The tenant recently extended its lease for an additional 5 years showing its commitment to the site.

Description

SVN Wilson is proud to present Advanced Auto Parts for sale. This property has been in the same location since 1997 and is now available for purchase. The tenant exercised their 5 year renewal on this property beginning January 1, 2023 at the rate of $4,549.46/ month for a total of $54,594. There is an option for a third renewal term beginning January 1, 2028 - December 31, 2032 at $6,048.60/ month.

The property features a triple net lease, meaning that the Landlord takes care of the roof, structure, parking lot and 50% of HVAC after $500. This makes it an ideal investment opportunity as you don't have to worry about most additional costs associated with the property.

Advanced Auto Parts offers quality auto parts and accessories at competitive prices. They also provide car care tips and advice so customers can make informed decisions when purchasing products from them. With their wide selection of products and helpful customer service staff, Advanced Auto Parts is sure to be a great addition to your portfolio!

If you're looking for an investment opportunity that provides reliable returns with minimal risk then look no further than SVN Wilson's Advanced Auto Parts!

Located in the west-central part of Ohio, Hardin County's county seat, Kenton, is a picturesque city nestled 57 miles northwest of Columbus and 70 miles south of Toledo. Kenton is an ideal location for businesses looking to expand or relocate due to its central location in Ohio and easy access to major highways such as I-75 and US Route 30.

Columbus Street is a strong retail corridor with numerous national tenants such as Family Dollar, Ace Hardware, Walmart, Tractor Supply, Dollar Tree, and more. Strategically for the tenant’s consumer base, this asset is nestled between numerous auto dealerships and national retailers.

Building Size: 5675sq ft
Lot Size: 0.84 acres


Documents

Offering Memorandum - Advance Auto Parts Store Kenton, OH

Map of 940 E Columbus St. , Kenton, OH, 43326

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