alt
View All

For Sale

Advance Auto Parts

7440 Broadway Ave,
Cleveland, OH 44105

Asset Snapshot

$78,840
NOI
2005
Year Built
1
Floor Count
100%
Occupancy

Offering Summary

Investment Overview

.


Investment Highlights

  • Recent extension of five years on top of existing term
  • Location averages 31K+ visits annually
  • Rare Lease with tenant responsible for roof, parking lot, HVAC, taxes, and insurance at this location making it ideal for out-of-state investors | Landlord only responsible for slab
  • Investment Grade Credit Tenant | Market Cap: 9.6 Billion and a BBB S&P Rating
  • Located in Cleveland, a major metropolitan market in Northeast Ohio, providing a large population base, diverse demographics, and continued demand for automotive maintenance and repair services
  • Strategically located on Broadway Avenue in Cleveland with an average 18,000+ vehicles per day | Strong visibility and accessibility for both local residents and regional customers
  • 5.3 Miles from Downtown Cleveland attracting approximately 15 - 17 million visitors annually

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
For Sale
$1,125,000
Asking Price