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439 N Main St New Carlisle, OH 45344

For Sale
$1,488,721

Single tenant NNN leased investment property with credit tenant.

Property size:
5,347 SF
Lot size:
0.71 Acres

Property Features for 439 N Main St

General Information

Size
5,347 SF
Lot size
0.71 Acres

Source: Legacy Real Estate Advisors Agent Danny Francis

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Freestanding Advance Auto Parts

This single-tenant property is occupied by Advance Auto Parts in New Carlisle, OH. The property is subject to a long-term absolute NNN lease with 7 years remaining and zero landlord responsibilities. Advance Auto Parts is an investment-grade tenant with a Moody's credit rating of "Baa3". The property is surrounded by several national tenants including IGA Supermarket and Subway. As an essential retailer, Advance Auto Parts is considered a pandemic and recession-resistant tenancy. The property is located within a 3-mile radius of over 9,500 residents, and the population within a 1-mile radius is projected to grow by +0.32% in the next 5 years. The property size is 5,347 square feet.
Insight Report Location Intelligence

Current Use by Public Records

UPS Access Point ... Shipping And Mailing Service Advance Auto Parts Auto Parts Store

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Jenkins Automotive, Jeff's Automotive, L & M Automotive Machinery, New Carlisle Collision, Sparks repair

Location Insight

  • Map
  • Local Demand
City
New Carlisle
County
Clark
State
Ohio
Longitude
-84.0244573
Latitude
39.9449123

FAQs

What type of property is this?
Auto shop - Single tenant NNN leased investment property with credit tenant.
Where is this auto shop located?
The property is located at 439 N Main St New Carlisle, OH.
What is the asking price?
The asking price for this property is $1,488,721.
What are key features of this property?
This property features: - Long term absolute NNN lease with 7 years remaining and zero landlord responsibilities.; - Investment grade tenant: **Advance Auto Parts holds a Moody's credit rating of "Baa3".**; - Essential retailer: Advance Auto Parts is a pandemic and recession resistant tenancy.
More about this property
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