215 5th St, Beverly, OH 45715
This exceptional investment opportunity presents a 6,889 square foot retail property leased to Advanced Auto Parts, a national leader in the automotive aftermarket parts industry. Located at 215 5th St, Beverly, OH 45715, this single-tenant, net-leased property boasts a corporate guaranteed lease providing significant security. The lease commenced December 17, 2015, and has a remaining term of approximately 6.1 years, with five additional five-year options, each including a 5% rent increase. Built in 2015, this 0.53-acre lot features a building constructed specifically for Advanced Auto Parts. The property offers a compelling 8.25% cap rate and a strong NOI of $86,095, based on an asking price of $1,043,576 ($151.48 per square foot). This represents an attractive return and above-average market yield, providing long-term stability and potential for appreciation. The property's location in Beverly, Ohio, offers convenient access for both professional installers and DIY customers. This is a rare opportunity to acquire a high-quality, net-leased retail investment with a strong tenant and significant remaining lease term.
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Advance Auto Parts Auto Parts Store
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UPS Access Point location Courier Service Postal Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.