Advance Auto Parts
Closed4675 Dixie Hwy, Fairfield, OH 45014
Property type
Retail
Unit / Space count
1
Building size
6,720 SF
Year built
1998
Lot size
0.66 acres
Sold/status
Sold · Date unknown
Sale price
$875000
Property description
6,720 SF Advance Auto Parts This 6,720-square foot Advance Auto Parts is a single-tenant, double-net lease property. The lease is corporately guaranteed and has over five years remaining under a recently exercised option. There are two five-year options remaining. Dixie Highway sees 33,041 vehicles per day. Priced Well Below Replacement Cost This property is currently priced well below the cost to rebuild this building. Long Term Location Advance Auto Parts has occupied this space since 1998 and has extended their lease multiple times. Advance Auto Parts Has over 4,000 Locations Advance Auto Parts is a leading provider in the automotive aftermarket industry. The company has approximately 4,285 locations across the nation. This location is corporately guaranteed. Large Retail and Industrial Area This property is located on the border of the city’s largest industrial/manufacturing park which accounts for a significant number of jobs in the area. Advance Auto Parts is also part of a major retail corridor along Dixie Highway that also includes Jungle Jim’s International Market, a well-known retail destination. Densely Populated area Advance Auto Parts is located five miles north of the I-75 and I-275 interchange which sees a combined 270,000 vehicles per day. Within five miles, there are 168,483 residents and the average household income is $93,672. Advance Auto Parts is 25 miles from downtown Cincinnati.