Advance Auto Parts NNN Property For Sale — Mount Vernon, OH
945 Coshocton Ave, Mount Vernon, OH 43050
This Advance Auto Parts property presents an excellent investment opportunity in Mount Vernon, Ohio. The tenant operates under a long-term triple-net lease, ensuring minimal landlord responsibilities as the tenant handles all maintenance, repairs, taxes, insurance, and utilities. The lease was recently renewed for 10 years, extending through December 2035, with two five-year renewal options. The property is strategically located within a robust regional retail corridor, benefiting from strong traffic drivers such as Walmart, Kroger, Lowe's, and other major retailers. The area boasts a strong retail presence with high occupancy rates and a growing population, suggesting continued stability and demand for the location. With a large parcel size and favorable lease terms, this offering is ide…
- Address: 945 Coshocton Ave, Mount Vernon, OH 43050
- Asking price $1.50M
- 7.00% cap rate
- NOI $104,650
- 9.9 years remaining
- NNN lease
Asset type: Auto Parts Retail