Toledo, OH - Advance Auto Parts

Description:

• Approximately 2 years remaining with 3 (5-year) option periods to extend
• Lease is corporate signed by Advance Stores Company, Incorporated
• Features 5% rental increases at the beginning of each option period, growing NOI and hedging against inflation

- Located just across the street from Franklin Park Mall, a 1,349,000 square foot shopping mall with major tenants including Dick’s Sporting Goods, JCPenney, Dillard’s, and more
- Located just east of Beverly Hills Plaza, a 96,000 square foot shopping center anchored by Marshalls & HomeGoods, and more
- Southwest of Miracle Mile Shopping Plaza, a 498,000 square foot shopping center anchored by Kroger, Crunch Fitness, and more
- Located in the center of a primary retail corridor with other nearby national/credit tenants including a Walmart Supercenter, The Home Depot, Target, Costco Wholesale, ALDI, Hobby Lobby, and more, further increasing consumer traffic to the site