Retail Space
170 Portland Way North Galion, OH 44833

Details & Description

Price: $871,500

Marcus & Millichap is pleased to exclusively offer for sale, Advance Auto Parts in Galion, Ohio. The subject property is comprised of 5,675 square feet and sits on 1.39 acres. There is a newer roof with warranty and all brick construction with ample parking on a recently resurfaced parking lot. Advance Auto Parts has been operating successfully at the location for over 23 years.

Property ID: 275999
Property URL: melqr.com/275999
Generated: 04-29-24

Property Highlights

• Positioned Along Portland Way N. with Easy Access and Visibility to 10,957 Cars per Day

• Strong Store Sales Tenant is Operating at a 4.2 Percent Rent to Sales Ratio

Listing Agents

Craig Fuller

O: 216-264-2043
cfuller@ipausa.com

Dustin Javitch
Marcus & Millichap
O: 216-264-2025
dustin.javitch@marcusmillichap.com

Scott Wiles
Marcus & Millichap
O: 216-264-2026
swiles@ipausa.com

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Retail Space / Ohio / Galion / 44833 / 170 Portland Way North

170 Portland Way North

Galion, OH 44833

Advance Auto Parts

Listing ID: 275999

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Building Size: 5,674 SF

Lot Size: 1.390 AC

Land Size: 60,548 SF

Building $/SF: $153.60

Land $/SF: $14.39

Price

$871,500

Property Highlights

5,675-Square-Foot Advance Auto Parts in Galion, Ohio

Nearly Four Years of Remaining Lease Term

Strong Store Sales Tenant is Operating at a 4.2 Percent Rent to Sales Ratio

Newer Roof with Warranty and Recently Resurfaced Parking Lot

Tenant has been Operating Successfully at this Location for Over 23 Years

Significant 24 Percent Rental Increase in the Next Renewal Option

All-Brick Construction Building with Ample Parking

Positioned Along Portland Way N. with Easy Access and Visibility to 10,957 Cars per Day

Description

Marcus & Millichap is pleased to exclusively offer for sale, Advance Auto Parts in Galion, Ohio. The subject property is comprised of 5,675 square feet and sits on 1.39 acres. There is a newer roof with warranty and all brick construction with ample parking on a recently resurfaced parking lot. Advance Auto Parts has been operating successfully at the location for over 23 years.

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

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Listing Demographics for 170 Portland Way North Galion, OH 44833

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		4,797	12,471	17,956
Population Median Age		40	42	41
Population by Age	0-9 Yrs	508 (10%)	1372 (11%)	2092 (11%)
	10-19 Yrs	811 (16%)	1716 (13%)	2331 (12%)
	20-29 Yrs	467 (9%)	1335 (10%)	2011 (11%)
	30-39 Yrs	636 (13%)	1494 (11%)	2106 (11%)
	40-49 Yrs	598 (12%)	1473 (11%)	2022 (11%)
	50-59 Yrs	530 (11%)	1571 (12%)	2422 (13%)
	60-69 Yrs	575 (11%)	1674 (13%)	2493 (13%)
	70+ Yrs	672 (14%)	1837 (14%)	2479 (13%)

Median HH Income		$42,121	$41,255	$41,799
Total Household Income	< 24K	405 (20%)	1343 (25%)	2013 (26%)
	25-49K	713 (36%)	1798 (34%)	2413 (31%)
	50-74K	376 (19%)	961 (18%)	1419 (18%)
	75-99K	258 (13%)	558 (10%)	816 (10%)
	100-199K	177 (9%)	509 (9%)	786 (10%)
	200K+	5 (0%)	48 (0%)	111 (1%)

Highest Education Level	No Diploma	275	850	1295
	Diploma or GED	1387	3757	5686
	Some College	617	1851	2500
	Assoc. Degree	353	767	1202
	Bachelors Degree	395	856	1145
	Higher Degree	173	506	611

Total Housing Units		2,285	5,956	8,643
--Owner-Occupied		1,341	3,519	5,185
--Renter-Occupied		595	1,698	2,373
Owner-Occupied Values	< 100K	959	2392	3338
	100-199K	332	892	1435
	200-299K	41	163	288
	300-399K	3	31	51
	400-499K	3	17	31
	500K+	3	25	42

Total Working Age Population		3,714	9,923	14,313
In Work Force		2,092	5,383	8,082
Not In Work Force		1,622	4,540	6,231
Workforce Employed		1,917	4,917	7,489
Workforce Unemployed		141	432	559
Civlian Workforce		2,058	5,349	8,048
Military Workforce		34	34	34

Total Households		1,935	5,217	7,558
Family Households		1,245	3,283	4,792
Non-Family Households		690	1,934	2,766
Married Couple		854	2,371	3,564
Other Family		391	912	1,228
Married w/Child		333	790	1,149
Single Male w/Child		81	188	192
Single Female w/Child		145	366	537

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Ohio	11,353,140	+2	11,536,504	0	11,574,870	0	11,615,100
Crawford County	46,966	-7	43,784	-7	40,890	-7	38,150
Marion County	66,217	0	66,501	-4	63,840	-2	62,400
Morrow County	31,628	+10	34,827	0	34,870	-1	34,540
Richland County	128,852	-3	124,475	-3	120,200	-3	116,640

Total Working Age Population:

Total Households:

Total Working Age Population:

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Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 170 Portland Way North in Galion?

The asking price for 170 Portland Way North is $871,500

What is the building size of this Retail property in Galion, OH?

The size of the building/unit at 170 Portland Way North in Galion is 5,674 square feet

How much land does the Galion, OH property at 170 Portland Way North include?

170 Portland Way North in Galion includes 1.390 acres of land

What kind of Retail is the propery at 170 Portland Way North?

The property at 170 Portland Way North Galion, OH 44833 is listed as a Free Standing Building Retail property

What is the population within 1 mile of 170 Portland Way North in Galion?

The population within 1 mile of 170 Portland Way North Galion, OH 44833 is 4,797 people.

Who do I contact for questions about 170 Portland Way North?

You should contact the listing agent, Craig Fuller, for any details regarding this commercial listing.

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1 Public Square, Galion, OH	$258,750	3450	-
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177 Lexington Avenue, Mansfield, OH	$952,000	5675	0.8
2264 South Main Street, Mansfield, OH	CALL	3692	0.56
68 Main Street, Bellville, OH	$400,000	7040	0.36
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808 Coshocton Avenue, Mount Vernon, OH	CALL	2444	0.56

Closest Commercial Airports

Airport	Distance (mi)
John Glenn Columbus International Airport (CMH)	51
Rickenbacker International Airport (LCK)	64
Cleveland Hopkins International Airport (CLE)	68