Single Tenant 7,000 Square Foot Advance Auto Parts in Mt Vernon, OH
100% Occupied By Advance Auto Parts, Inc. (NYSE: AAP) – Publicly Traded With Over 4,285 Locations
Long-Term NNN Lease With Tenant Responsible For All Maintenance, Repairs, Taxes, Insurance, And Utilities
Recent 10 Year Renewal Ending in December 2035 With Two 5-Year Renewal Options
Strong Rent To Sales of 6.4%
Large Parcel Size of 1.17 Acres
Located within Regional Retail Corridor Amongst Major Traffic Drivers Walmart, Kroger, Lowe’s, Rural King, Aldi, Planet Fitness, Bealls, Tractor Supply Co, Harbor Freight Tools, and More
Extremely Strong Retail Corridor – 1.1 Million SF of Retail with 99.5% Occupancy Along 1.3-Mile Stretch of Route 36/Coshocton Ave
Located Along Route 36/Coshocton Avenue – 22,470 Vehicles Per Day
Concentrated Population Density with 29,160/5-Mi Population (45% of MSA Population is within a 5-Mi Radius of Property)
Growing Population With Steady Projected Growth Through 2029 – Average Household Income Of $74,233 Within 5 Miles
Mount Vernon – County Seat of Knox County and Principal City of the Mount Vernon MSA with a Population of 63,000
Major Employers in Knox County Include Ariel Corporation, Knox Community Hospital, Kenyon College, Knox County, Jeld-Wen, Kokosing Construction, and More
Located 40 Miles Northeast Of Columbus, Benefiting From Central Ohio’s Strong Economic Growth
Part of the Larger Columbus-Marion-Zanesville CSA with a Population of 2.65 Million; Central Ohio is One of the Fastest Growing Regions in the Midwest