321 Wagner Ave - Freestanding FOR SALE


Greenville, OH 45331
$804,965 USD
954-400-2748
321 Wagner Ave, Greenville, OH for Sale
$804,965 USD
Freestanding - FOR SALE
1/5
null | 7.05% Cap Rate

321 Wagner Ave
Greenville, OH 45331


HIGHLIGHTS

  • 4 Years Remaining | Scheduled Rental Increases | Established Brand
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Dense Retail Corridor | Strong National/Credit Tenant Presence | Greenville High School
  • Near Signalized, Hard Corner Intersection | U.S. Hwy 197 | Excellent Visibility
  • Strong Demographics in 5-mile Trade Area

OVERVIEW

• The tenant currently has 4 years remaining on their initial lease with 2 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% rental increases at the beginning of each option, growing NOI and hedging against inflation • As of December 28, 2024, Advance operated 4,788 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands

FOR SALE DETAILS

PRICE

$804,965 USD

PRICE/SF

$147 USD /SF

CAP RATE

7.05%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts - Greenville OH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

PUDR

APN/PARCEL ID

F27-2-212-26-02-01-14600

ASK ABOUT THIS PROPERTY

Connor BartonSRS Real Estate PartnersMore Info
954-400-2748

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Connor BartonSRS Real Estate PartnersMore Info
954-400-2748

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