Advance Auto Parts

7440 Broadway Ave, Cleveland, OH 44105

  • For Sale $1,213,000
  • Property Type Retail - Freestanding
  • Property Size 7,000 SF
  • Lot Size 0.82 Acre
  • Property Tenancy Single Tenant
  • Year Built 2005
  • Date Updated Apr 24, 2024
Cleveland is a city in the U.S. state of Ohio, and the county seat of Cuyahoga County. The city proper has a population of 385,525, making it the 52nd-largest city in the United States and the second-largest city in Ohio. Greater Cleveland is ranked as the 33rd-largest metropolitan area in the U.S., with 2,057,009 people in 2018. A Gamma + city, Cleveland anchors the Cleveland–Akron–Canton Combined Statistical Area, which had a population of 3,515,646 in 2010 and is ranked 15th in the United States. The city is located on the southern shore of Lake Erie, across the U.S. maritime border with Canada and approximately 60 miles (100 kilometers) west of the Ohio-Pennsylvania state border. It was founded in 1796 near the mouth of the Cuyahoga River by General Moses Cleaveland. It became a manufacturing center due to its location on both the river and the lake shore, as well as being connected to numerous canals and railroad lines. Cleveland's economy relies on diversified sectors such as manufacturing, financial services, healthcare, biomedicals, and higher education, and it the 31st in the nation per economic output, with GDP of $134 billion in 2018. The city's major cultural institutions include the Cleveland Museum of Art, the Cleveland Orchestra, Playhouse Square, and the Rock and Roll Hall of Fame. Known as "The Forest City" among many other nicknames, Cleveland serves as the center of the Cleveland Metroparks nature reserve system..

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Highlights

  • Recent Extension of Five Years on Top of Existing Term
  • Rare Lease with Tenant responsible for roof, parking lot, HVAC, taxes, and insurance at this location making it ideal for out-of-state investors | Landlord Only Responsible for Slab
  • There is a population of ±104,502 in a 3-mile radius of this store
  • Investment Grade Credit Tenant | Market Cap: 9.6 Billion and a BBB- S&P Rating

Contacts

broker

Evan Lyons

Encore Real Estate Investment Services

(248) 702-0298

Location

Getting Around

  • Walk Score ®

    64/100 Somewhat Walkable
  • Transit Score ®

    40/100 Some Transit
  • Bike Score ®

    58/100 Bikeable
Powered by Walk Score ®
  • City Cleveland, OH
  • Neighborhood South Broadway
  • Zip Code 44105
  • Market Cleveland Akron

Points of Interest

  • East 79th

    1.74 miles

  • East 55th

    1.89 miles

  • Buckeye–Woodhill

    2.09 miles

  • Tri-C–Campus District

    2.60 miles

  • East 116th–St. Luke’s

    2.61 miles

  • East 105th–Quincy

    2.84 miles

  • Shaker Square

    3.05 miles

  • Coventry

    3.30 miles

  • Cedar–University

    3.47 miles

  • Lee–Van Aken

    3.76 miles

  • Sunoco Slavic Village

    0.16 miles

  • Harvard Gas USA

    0.51 miles

  • Clark

    0.59 miles

  • Marathon

    0.79 miles

  • 7-Eleven

    1.00 miles

  • BP Harvard

    1.19 miles

  • Marathon

    1.23 miles

  • Shell

    1.38 miles

  • Speedway

    1.79 miles

  • Sunoco

    1.81 miles

  • ATTC parking

    2.89 miles

  • Toomey

    3.09 miles

  • View Garage

    3.13 miles

  • Cleveland Clinic Parking (P2) - Skyway access on level 3

    3.26 miles

  • W. O. Walker Center Garage

    3.44 miles

  • Cleveland Clinic Parking (P1) - Elevators On SE Corner - Pedestrian Tunnel On Basement (B) Level

    3.48 miles

  • Children’s Museum of Cleveland

    3.56 miles

  • Lot 44

    3.61 miles

  • South Garage

    3.62 miles

  • Veale Center Parking Garage

    3.62 miles

  • Marsha's Soul Food Cafe

    0.21 miles

  • Wendy's

    0.42 miles

  • The Red Chimney

    0.43 miles

  • Georgio's Pizza

    0.49 miles

  • Little Caesars

    0.50 miles

  • New Harvard Inn Restaurant

    0.50 miles

  • Burger King

    0.55 miles

  • Subway

    0.59 miles

  • Pizza Hut

    0.61 miles

  • Rally's

    0.64 miles

  • Dave's

    0.50 miles

  • Save-A-Lot

    0.66 miles

  • Save-A-Lot

    0.98 miles

  • Aldi

    1.76 miles

  • Save-A-Lot

    2.09 miles

  • Dave's

    2.45 miles

  • Miles Supermarket

    2.45 miles

  • Simon's

    2.48 miles

  • Marshalls

    2.71 miles

  • Target

    2.72 miles

Frequently Asked Questions

What is the lease rate for Advance Auto Parts?

Rental asking rate at Advance Auto Parts is $606,500.00/YR.

What is the total square footage of Advance Auto Parts?

Advance Auto Parts totals 7,000 square feet.

When was this property built?

Advance Auto Parts was built in 2005.

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Contact Listing Broker

broker

Evan Lyons

Encore Real Estate Investment Services

(248) 702-0298