228 Mansfield Ave - Auto Repair FOR SALE


Shelby, OH 44875
$1,072,000 USD
980-498-3293
228 Mansfield Ave, Shelby, OH for Sale
$1,072,000 USD
Auto Repair - FOR SALE
1/6
null | 8% Cap Rate

228 Mansfield Ave
Shelby, OH 44875


OVERVIEW

Atlantic Capital Partners is pleased to present the opportunity to acquire a freestanding Advanced Auto Parts in Shelby, OH. The 7,000 SF building sits on 1.3 acres, and is backed by a corporate guaranty from Advance Stores Company, Inc. The tenant operates under a NN lease with landlord responsibilities limited to foundation and structure. The lease runs through April 30, 2032, with three (5-year) renewal options, providing long-term income security. Current rent is $7,147 monthly, generating a stable NOI of $85,764. The property is positioned along Mansfield Avenue (SR-39) with traffic counts exceeding 13,500 VPD, offering excellent visibility and accessibility. Shelby combines small-town charm and modern amenities with regional connectivity to Akron (72 miles) and Cleveland (89 miles), reinforcing the site’s long-term investment appeal.

FOR SALE DETAILS

PRICE

$1,072,000 USD

PRICE/SF

$153 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts - Shelby, OH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,236 SF

ZONING

B-2

APN/PARCEL ID

017-80-239-80-001

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.