4675 Dixie Hwy - Freestanding FOR SALE


Fairfield, OH 45014
$965,000 USD
513-807-8650
4675 Dixie Hwy, Fairfield, OH for Sale
$965,000 USD
Freestanding - FOR SALE
1/6
null | 7.27% Cap Rate

4675 Dixie Hwy
Fairfield, OH 45014


HIGHLIGHTS

  • This 6,720 SF Advance Auto Parts is a single-tenant, double-net lease, corporately guaranteed. It has over five years remaining with 2 5-year options
  • Priced well below replacement cost
  • Advance Auto Parts has occupied this space since 1998 and has extended their lease multiple times.
  • Located on the border of the city’s largest industrial/manufacturing park which accounts for a significant number of jobs in the area
  • Part of a major retail corridor along Dixie Highway that also includes Jungle Jim’s International Market, a well-known retail destination
  • Located 5 miles north of the I-75 and I-275 interchange (combined 270,000 VPD). 168,483 residents within 5 miles with avg. HH income of $93,672

OVERVIEW

This 6,720 SF Advance Auto Parts is a single-tenant, double-net (NN) asset corporately guaranteed with over five years remaining and two five-year extension options. Located along Dixie Highway with 33,000+ vehicles per day, the property sits near the city’s largest industrial park and a major retail corridor anchored by Jungle Jim’s International Market. Advance Auto Parts has operated here since 1998, showing long-term commitment, and is backed by a strong national credit with over 4,285 locations. Priced well below replacement cost, the property benefits from a dense surrounding population of 168,000+ residents within five miles and proximity to major interstates and downtown Cincinnati.

FOR SALE DETAILS

PRICE

$965,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

7.27%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

-

APN/PARCEL ID

A0700-007-000-001

ASK ABOUT THIS PROPERTY

Joel DumesFranklin StreetMore Info
513-807-8650

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Joel DumesFranklin StreetMore Info
513-807-8650

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