ADVANCE AUTO PARTS

Description

PROPERTY is a 11,928 SF building on 1.00 acre located at the intersection of East Main Street and Howard Street in Sprinfield, OH.

TENANT RESPONSIBILITIES: RE Taxes (Roof Warranty Included), CAM and Insurance

LANDLORD RESPONSIBILITIES: Structure Only

Area Description

AREA TENANTS INCLUDE: Blockbuster, Papa Johns, National City Bank, Citgo, Subway, Family Dollar, Burger King, Domino's, McDonald's, KFC, Wendy's, BP, Jiffy Lube, Radio Shack, Auto Zone and Kroger.

PROPERTY is located at the intersection of East Main Street and Howard Street in Springfield, OH. Site is approximately a mile from I-70.

SPRINGFIELD is in Clark County and located approximately 45 miles West of downtown Columbus, OH and 25 miles Northeast of Dayton, OH. Springfield's population was 65,358 at the 2000 census. It is the county seat of Clark County.

Business Notes

LEASE GUARANTOR: Advance Auto Parts, Inc.
S & P RATING: BB+
OUTLOOK: Positive
TRADE SYMBOL: NYSE - AAP

Contacts

  • Mr. Gregory Fitzgerald CCIM
    President
    Phone (678) 880-3270 Ex. 101
    Fax (678) 807-1927
    E-Mail gfitz@tri-oak.com

Company

Tri-Oak Commercial Group
Retail Investment Brokerage
2920 Marietta Highway
Suite 126
Canton, GA 30114
Phone (678) 880-3270
Fax (678) 807-1927
e-Mail info@tri-oak.com
Commercial Retail Sale
1831 East Main Street
Springfield, OH 45503


County
Clark
Building StatusExistingTotal SF11,928Number of Floors1Lot Size1 AcresYear Built2006TenancySingle Tenant
Sale Price
$2,041,000.00

Date Sold
Jan 29, 2008

Attached Files

(Click to download)

Tenants

  • Advance Auto PartsSquare Footage11,928Monthly Income$12,078.00
Click for Financials Sheet

Financials


Annual NOI$144,931.00

Click for Financials Sheet

Land/Lot Info

Lot Size :1.00 Acres
The above information has been secured by sources deemed to be reliable, Tri Oak makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser/User must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.