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Freestanding Advance Auto Parts

439 N Main St, New Carlisle, OH

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For Sale

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Single tenant NNN leased investment property with credit tenant.

Type:RETAIL

Property size:

5,347 SF

Lot size:

0.71 Acres

Price / SF:

$278/SF

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.
Single tenant freestanding building.
Located near other national tenants including IGA Supermarket and Subway.
Located in an area with 9,500+ residents within a 3 mile radius.

We can help!

Listing Contact

Danny Francis

For Sale

Contact for pricing

Single tenant NNN leased investment property with credit tenant.

Type:RETAIL

Property size:

5,347 SF

Lot size:

0.71 Acres

Price / SF:

$278/SF

Added:: Sep 27, 2024
Days on Market:: 621
Last Refresh:: May 20 at 8:55 pm

Property Features for 439 N Main St

General Information

Standard status: Active
Size: 5,347 SF
Lot size: 0.71 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Danny Francis

Listing agent Dominic Shamany License #6501439384

Listing office Legacy Real Estate Advisors

Listing date Sep 27, 2024

Source Moodyscre

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

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.
Single tenant freestanding building.
Located near other national tenants including IGA Supermarket and Subway.
Located in an area with 9,500+ residents within a 3 mile radius.

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

UPS Access Point ... Courier Service Advance Auto Parts Auto Parts Store

Suggested Use

Similar Places Nearby

Jenkins Automotive — 901 Jefferson St, New Carlisle, OH 45344
Jeff's Automotive — 316 S Church St, 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
Sparks repair — 900 Jefferson St, New Carlisle, OH 45344

Location Insight

Map
Local Demand

City: New Carlisle
County: Clark
State: Ohio
Longitude: -84.0245
Latitude: 39.9449

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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.