Listing Agency: Gerspacher Real Estate Group Show Phone

Listed By: Troy Gerspacher, CCIM, SIOR Show Phone

Source: Moodyscre

Added: Oct 21, 2025 Changed: Aug 8 Last Checked: Aug 21 at 4:39AM

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Investment Insights

Based on property information with market context.

This property features a 3,234 square foot space with a NNN lease through January 2029, guaranteed by Genuine Parts Company, dba NAPA Auto Parts. The lease includes three 5-year options. Recent improvements include a new roof and electrical panel in 2025 and an ADA-compliant restroom in 2024. The property has 4 parking spaces and is zoned CB-1. The traffic count is approximately 6,109. The 2024 annual real estate taxes are $1,928.40.

Key Highlights

• Guaranteed NNN lease by Genuine Parts Company (NAPA Auto Parts) provides secure income stream.
• Long‑term lease with three 5‑year options remaining.
• Recent capital improvements: New roof and electrical panel (2025) and ADA‑compliant restroom (2024).

Property Analytics

Property Profile

Current Use

Auto shops

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Pharmacy Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

279

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• Wellington Auto Service — 144 E Herrick Ave, Wellington, OH 44090
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Frequently Asked Questions

What type of property is this?

Auto shop - NNN leased investment opportunity with NAPA Auto Parts.

Where is this auto shop located?

The property is located at 130 E Herrick Ave Wellington, OH.

What is the asking price?

The asking price for this property is $320,000.

What are key features of this property?

This property features: Guaranteed NNN lease by Genuine Parts Company (NAPA Auto Parts) provides secure income stream.; Long‑term lease with three 5‑year options remaining.; Recent capital improvements: New roof and electrical panel (2025) and ADA‑compliant restroom (2024).