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31767024
31767023

427 Canton Rd NW, Carrollton, OH 44615 For Sale

BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
AI
MI MI 6501442625
AMC Real Estate
CM
MI 6501448006
AMC Real Estate
Listed by Bang Realty, AMC Real Estate
$647,058
39 days on market
Updated 9 days ago
Opportunity zone

Advance Auto Parts - Carrolton, OH

Details
Property Type Retail
Sub Type Convenience Store, Shopping Center (+1)
Square Footage 5,675
Cap Rate 8.5%
NOI $55,000
Occupancy 100%
Tenancy Single
Brand/Tenant Advanced Auto Parts
Lease Type NN+
Lease Term 36.6
Lease Expiration 12/31/2034
Remaining Term 8.5
Lease Options 1(5) Year Option
Price per SqFt $114
Year Built 1998
Acreage 0.690
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 05/28/1998
Ground Lease No

±9 Year Lease | 8.50% Cap Rate

Marketing description

AMC Real Estate Investment Services is pleased to offer for sale a single-tenant Advance Auto Parts located at 427 Canton Rd NW, Carrollton, Ohio. The property is fully leased to Advance Auto Parts, a nationally recognized automotive aftermarket retailer providing essential vehicle maintenance parts and accessories. As a necessity-driven retailer serving both retail consumers and professional installers, the store benefits from consistent demand and resilient performance across economic cycles.

The property is strategically positioned along Canton Road NW, a primary commercial corridor serving Carrollton and the surrounding region, with traffic counts of approximately ±10,710 vehicles per day. This high-visibility location offers convenient access and steady pass-by traffic, supporting frequent visits and aligning with Advance Auto Parts’ service-oriented, repeat-customer business model.

The site benefits from its location within Carroll County and the broader eastern Ohio region, supported by a stable employment base tied to manufacturing, transportation, energy, and local services. The surrounding trade area is characterized by established residential communities and limited direct competition, providing a dependable customer base for automotive necessity retail.

This offering presents investors with the opportunity to acquire a stabilized, single-tenant net-leased asset backed by a nationally recognized retailer in a supply-constrained market. With predictable cash flow, minimal landlord management responsibilities, and durable fundamentals tied to essential automotive demand, the property is well suited for passive investors and 1031 exchange buyers seeking long-term stability.

Investment highlights

  • Advance Auto Parts necessity-based retailer with consistent, recession-resistant demand.
  • 27+ years of continuous operation at the site.
  • 24% rent increase in the most recent lease extension.
  • Visibility to ±10,698 vehicles per day.
  • Low rent at $9.69/SF, supporting long-term tenant sustainability.
  • Tenant responsible for taxes, insurance, and CAM.
  • Single-tenant asset with predictable cash flow and minimal management.

Listing Contacts

BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
AI
MI MI 6501442625
AMC Real Estate
CM
MI 6501448006
AMC Real Estate
Listed by Bang Realty, AMC Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$55,000.00
$4,583.33/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

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Additional Information

Name
Brian Brockman
License
BRK.200900214
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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