Freestanding Advance Auto
439 N Main St New Carlisle, OH
For Sale
Contact for pricing
Single tenant NNN leased investment property with credit tenant.
Property Size5,347 SF
Lot Size0.71 Acres
Price / SF$278.42
Days on Market670
Property Features for 439 N Main St
General Information
Standard status
Active
Size
5,347 SF
Lot size
0.71 Acres
Property subtype
RETAIL
Listing Agency:
Legacy Real Estate Advisors
(248) 450-3046
Listed By:
Dominic Shamany · License #6501439384
(248) 450-3259
Source:
Moodyscre
Added: Sep 27, 2024
Changed: Jul 6
Last Checked: Jul 21 at 6:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legacy Real Estate Advisors
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Jenkins Automotive — 901 Jefferson St, New Carlisle, OH 45344
- Main Auto Glass & Plate Inc — 901 leatherwood dr, new carlisle, oh 45344
- L & M Automotive Machinery — 430 N Main St # 6, New Carlisle, OH 45344
- New Carlisle Collision — 580 N Main St, New Carlisle, OH 45344
- New Carlisle Chrysler Jeep Dodge Ram - Tobey Auto Group — 580 N Main St, New Carlisle, OH 45344
Frequently Asked Questions
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.
