225 Milan Ave | Norwalk, OH 44857
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- LoopNet Team
225 Milan Ave
Norwalk, OH 44857
Advance Auto Parts | Walmart Outparcel · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Advance Auto Parts Double-Net Lease with 7.75 Years Remaining in Norwalk, OH (Cleveland MSA)
- 2001 Build-to-Suit with 10-Year Original Lease; 20-Year History at the Site with Three Renewals
- Located at the Signalized Intersection of Walmart’s Main Entrance Drive & Route 250 which is the Major Arterial for the Market – 17,000 VPD
- Outparcel to Walmart Supercenter with Large Trade Area – Only Walmart or Big- Box Retailer within 11 Miles
- Just Early Extended Lease for 5 Years thru December 2028 Showing Strong Commitment to Site
- 7,000 SF Store on Large 1.47-Acre Parcel with 35 Parking Spaces
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,056 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.50 AC
Zoning
MB - Manufacturing Business
Parking
33 Spaces (4.71 Spaces per 1,000 SF Leased)
Frontage
234’ on Milan Ave
AMENITIES
- Corner Lot
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 33-012B-01-003-0100 | Improvements Assessment | $225,470 |
| Land Assessment | $33,900 | Total Assessment | $259,370 |
PROPERTY TAXES
Parcel Number
33-012B-01-003-0100
Land Assessment
$33,900
Improvements Assessment
$225,470
Total Assessment
$259,370
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