Advance Auto Parts

940 E Columbus St. , Kenton, OH 43326

  • For Sale $685,000
  • Property Type Retail - Street Retail
  • Property Size 5,675 SF
  • Lot Size 0.84 Acre
  • Property Tenancy Single Tenant
  • Date Updated Apr 12, 2024
Located in the west-central part of Ohio, Hardin County's county seat, Kenton, is a picturesque city nestled 57 miles northwest of Columbus and 70 miles south of Toledo. Kenton is an ideal location for businesses looking to expand or relocate due to its central location in Ohio and easy access to major highways such as I-75 and US Route 30. Columbus Street is a strong retail corridor with numerous national tenants such as Family Dollar, Ace Hardware, Walmart, Tractor Supply, Dollar Tree, and more. Strategically for the tenant’s consumer base, this asset is nestled between numerous auto dealerships and national retailers.SVN Wilson is proud to present Advanced Auto Parts for sale. This property has been in the same location since 1997 and is now available for purchase. The tenant exercised their 5 year renewal on this property beginning January 1, 2023 at the rate of $4,549.46/ month for a total of $54,594. There is an option for a third renewal term beginning January 1, 2028 - December 31, 2032 at $6,048.60/ month. The property features a triple net lease, meaning that the Landlord takes care of the roof, structure, parking lot and 50% of HVAC after $500. This makes it an ideal investment opportunity as you don't have to worry about most additional costs associated with the property. Advanced Auto Parts offers quality auto parts and accessories at competitive prices. They also provide car care tips and advice so customers can make informed decisions when purchasing products from them. With their wide selection of products and helpful customer service staff, Advanced Auto Parts is sure to be a great addition to your portfolio! If you're looking for an investment opportunity that provides reliable returns with minimal risk then look no further than SVN Wilson's Advanced Auto Parts!

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Attachments

Highlights

  • The tenant recently extended its lease for an additional 5 years showing its commitment to the site.

Contacts

broker

Seth Asman

SVN | Wilson Commercial Group

(614) 747-2052

Location

Getting Around

  • Walk Score ®

    44/100 Car-Dependent
  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Kenton, OH
  • Neighborhood Kenton
  • Zip Code 43326

Points of Interest

  • Kroger

    0.06 miles

  • Marathon

    0.08 miles

  • Murphy USA

    0.64 miles

  • Marathon

    0.88 miles

  • Marathon

    0.97 miles

  • Fuel Mart

    0.99 miles

  • Marathon

    1.25 miles

  • Sunoco

    1.32 miles

  • 1st Choice

    1.33 miles

  • Marathon

    1.51 miles

  • Municipal Building Parking

    0.87 miles

  • Pizza Hut

    0.04 miles

  • Taco Bell

    0.06 miles

  • En Lai Chinese

    0.08 miles

  • Royal Buffet

    0.10 miles

  • McDonald's

    0.11 miles

  • KFC

    0.18 miles

  • Burger King

    0.20 miles

  • Jolene's Cozy Cafe

    0.51 miles

  • Salsa's Mexican Buffet/Grill

    0.57 miles

  • Arby's

    0.58 miles

  • Sears

    0.16 miles

  • Walmart Supercenter

    0.64 miles

  • Save-A-Lot

    0.85 miles

Frequently Asked Questions

What is the lease rate for Advance Auto Parts?

Rental asking rate at Advance Auto Parts is $342,500.00/YR.

What is the total square footage of Advance Auto Parts?

Advance Auto Parts totals 5,675 square feet.

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Contact Listing Broker

broker

Seth Asman

SVN | Wilson Commercial Group

(614) 747-2052