976 W 4th St
Mansfield, OH 44906
Advance Auto Parts · Retail Property For Sale

*17.5% rental increase at next renewal option* Illuminate Real Estate is pleased to present this seasoned 7,000 sf, freestanding Advance Auto Parts located in Mansfield OH. The subject property was built in 1997 and with their most recent, early 5-year lease extension, the tenant boasts what will be a 30-year operating history at this location. This proven location benefits from a “per square foot” rent that is well below the average throughout the Advance store network. The lease is Advance Auto’s prototypical double-net form. Recent capital improvements incorporated by ownership includes: New GAF roof installed in April 2016, 2 new HVAC RTU’s in May 2018 and resealing/striping the parking lot in September 2018. The subject property is conveniently located on highly trafficked W. 4th street whose intersection just a few hundred feet from the site at Trimble Rd. produce traffic counts of over 24,000 vehicles per day. Directly across from the property sits Arlin Field, home to the Mansfield Tigers with a capacity of 14,000. Mansfield Senior High School and it’s 900+ students are located just a mile from the subject property. CVS pharmacy is located across the street at 4th and Trimble. StarTek, a customer engagement business employs 650 workers and is located immediately east of the Advance. Mansfield is the county seat of Richland County and is located just 1 hour north of Columbus. The market maintains solid density with over 43,424 people within a 3-mile radius of the site with average HH incomes in excess of $53,898. Immediate area tenants include: Kroger, Walmart Supercenter, Chase Bank, CVS Pharmacy, Walgreens Pharmacy and countless others.