$995,000 USD
720-800-9756
5819 Cleveland Ave
Columbus, OH 43231
Northern Woods
HIGHLIGHTS
- FRESH 10-YEAR EARLY RENEWAL: In July 2024 the lease was amended to extend the term out to 10 Years through December 2034, communicating not only this
- 25+ YEAR OPERATING HISTORY: This location has been in operation for over 25 years with a history of renewals, signaling the significant commitment AAP
- PRICED BELOW REPLACEMENT COST: With the cost of construction rising rapidly, at just under $145 PSF there is significant value in this basis since com
- POWER-CENTER SHADOW ANCHORED: This Advance Auto Parts location is shadowed by the +250,000 SF Columbus Square Power Center which drives local retail t
- COLUMBUS MARKET: Columbus is one of the fastest growing and affordable cities in the Midwest with strong employment and drivers such as the new $20B I
FOR SALE DETAILS
PRICE
$995,000 USD
PRICE/SF
$145 USD /SF
CAP RATE
7.23%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
37
LAND DETAILS
LAND ACRES
0.97 AC
LAND SF
42,253 SF
ZONING
LC4
APN/PARCEL ID
010-104541
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720-800-9756
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720-800-9756
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