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14911 State Route 58
Oberlin, OH 44074

$1,713,342 USD

Auto Dealership For Sale  •  7,000 SF

Property Details

• Property Type Auto Dealership
• Total Building Size 7,000 SF
• Lot Size 1.77 AC
• Building Class C
• Year Built 2007
• Cap Rate 7.75 %
• Tenancy Single
• Zoning C

0 Transit Score

29 Walk Score

Highlights

The Property Boasts Over 3 Years Remaining on a Corporate Guaranteed Lease

The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BBB- From S&P

Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,700 Stores in Operation

Founded in 1932, Advance Auto Parts Employs Over 65,000 People Nationwide

Publicly Traded Entity on the New York Stock Exchange (NYSE: AAP)

The On-Demand Need For Parts By Local Shops and DIY Mechanics Combined With the High Shipping Costs For Batteries

Cap Rate:

7.75 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Advance Auto Parts	7,000 SF	1/31/2028

Amenities

• Pylon Sign
• Signage

Public Transportation

Airport	Drive	Walk	Distance
Cleveland-Hopkins International	32 min	-	24.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	35
Type:	Surface
Included in Rent:	Yes