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525 N Houk Rd
Delaware, OH 43015

$1,819,126 USD

Auto Dealership For Sale  •  7,000 SF

Property Details

• Property Type Auto Dealership
• Total Building Size 7,000 SF
• Lot Size 0.98 AC
• Building Class B
• Year Built 2008
• Cap Rate 7.55 %
• Tenancy Single
• Zoning Commercial

0 Transit Score

49 Walk Score

Highlights

Over 3-Years Remaining on a Corporate-Guaranteed Lease

Situated in a Thriving Community With 107,195 Residents and an Average Household Income of $158,910 Within a 10-Mile Radius

Positioned Directly Off W Central Ave, With Daily Traffic Exceeding 15,000 Vehicles

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

Cap Rate:

7.55 %

Major Tenants

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

Amenities

• Pylon Sign
• Signage

Public Transportation

Airport	Drive	Walk	Distance
John Glenn Columbus International	45 min	-	35.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	36
Type:	Surface
Included in Rent:	Yes