• 5640 Gender Rd, Canal Winchester, OH 43110

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Property Details

Advance Auto Net Lease Investment Opportunity

Located just north of the U.S. Route 33 corridor on Gender Rd. This retail investment is ideally located southwest of Columbus Ohio in the Canal Winchester commercial corridor. Only 5 minutes to I-270 and 15 minutes from downtown, it is easily accessible to the entire Southeast region. This is fully leased Advance Auto with an attached retail development site to the north. All utilities Advance Auto Parts net lease investment opportunity in Canal Winchester at a 7.25 cap rate. Advance Auto has extended their initial term through November 30th 2024. In place NOI of $98,000 annually on the 7,000 SF building on total of 1.84 acres. The .84 acres in an additional retail pad site adjacent to the Advance Auto on Gender Rd on a separate parcel. There is 97' of road frontage on Gender Road and 85' on Winchester Lakes Boulevard. Opportunity for a developer to build out additional storefronts or freestanding building to complement this investment. Entrances Only minutes away from I-270 and twenty minutes from Downtown Columbus.

  • Property Type
    Retail
  • Year Built
    2003
  • Total Building Size
    7,000RSF
  • Total Acres
    1.84
  • Property ID
    2109683