15490 W High St - Freestanding FOR SALE
Middlefield, OH 44062 |
$1,735,896 USD
843-510-0551
15490 W High St
Middlefield, OH 44062
HIGHLIGHTS
- The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BB+ From S&P and Ba1 From Moody's
- Within a 3-Mile Radius, Middlefield Features a Demographic Profile Hosting 8,010 Residents With an Average Household Income of $89,380
- Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,300 Stores in Operation
- Founded in 1932, Advance Auto Parts Employs Over 62,000 People Nationwide
- Publicly Traded Entity on the New York Stock Exchange (NYSE: AAP)
- The On-Demand Need For Parts By Local Shops and DIY Mechanics, Combined With the High Shipping Costs For Batteries and Other Parts
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,811 SF Advance Auto Parts Located at 15490 West High Street in Middlefield, OH. This Deal Includes a Lease Which is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BB+ From S&P and Ba1 From Moody's, and $9.1 Billion in Annual Sales For 2024, Providing For a Secure Investment.
In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224
FOR SALE DETAILS
PRICE
$1,735,896 USD
PRICE/SF
$259 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts - Middlefield, OH
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
1.3 AC
LAND SF
56,628 SF
ZONING
GC
APN/PARCEL ID
19-071412
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843-510-0551
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