$1,060,000 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 $155 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
$1,060,000 USD
PRICE/SF
$155 USD /SF
CAP RATE
6.79%
% 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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