Advance Auto Parts – Carrollton, OH — photo 1 of 2Under Contract1 / 2
Advance Auto Parts – Carrollton, OH

Retail – AutomotiveCarrollton, OHCode AMC-5356

Advance Auto Parts – Carrollton, OH

Carrollton, OH

Asking priceUnder contract

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Cap rate
8.5%
NOI
—
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An offer has been accepted on this property. Contact the listing broker about back-up offers or similar opportunities.

Property details

Tenant
Advance Auto Parts
Property type
Retail – Automotive
Lease type
NN+ Lease
Lease guarantee
Corporate Guarantee
Term remaining
8.4 yrs
Rent increases
24% Rent Increase in the Most Recent Lease Extension
Listing code
AMC-5356

Investment highlights

  • 27+ Year Operating History
  • 24% Rent Increase in the Most Recent Lease Extension
  • The site is visible to over 10,000 Vehicles Per Day
  • Low rent at just $9.69/SF
  • Tenant is Responsible for Taxes, Insurance and • Common Area Maintenance

Sale description

AMC Real Estate Investment Services is pleased to offer for sale this Advance Auto Parts located at 427 Canton Rd NW, Carrollton, OH. Advance Auto Parts has occupied this property since May 1998 and is currently on a NN+ lease with approximately 9 years remaining, including a 5-year renewal option. While the NN+ lease places the tenant responsible for taxes, insurance, and common area maintenance, the landlord retains responsibility for parking lot repairs and replacement, striping and sealing, and roof repairs and replacement, with shared responsibility on HVAC replacement. The site is visible to over 10,000 vehicles per day along Canton Rd NW. Carrollton is located in a stable Ohio retail market, offering consistent regional demand. This property is being offered for sale at $709,677 with a 7.75% Cap Rate and an estimated 2026 NOI of $55,000.

Published Nov 12, 2025. Information is provided by AMC REIS from sources believed reliable; buyers should verify all figures in the offering memorandum.

Location

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Carrollton, OH

Pin placed from the listed street address. Site boundaries and conditions are described in the offering memorandum.

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Demographics

Population and average household income by radius from the site, as marketed.

Radius from sitePopulationAverage income
3 Mile5,370$71,468
5 Mile7,744$73,871
10 Mile22,675$77,825

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Net operating income (annual)
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Estimates for Advance Auto Parts – Carrollton, OH only; not an offer of financing. Lender terms, closing costs, reserves and taxes vary. NNN leases shift operating expenses to the tenant, so NOI is modelled as price × cap rate.

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