May 7, 2025 – Jack Laurendeau of Horvath & Tremblay has successfully completed the sale of Advance Auto Parts in Fremont, Ohio. Horvath & Tremblay represented the buyer to complete the transaction at a sale price of $650,000.
Advance Auto Parts is located at 619 E State Street in Fremont, Ohio. Advance Auto Parts occupies a 6,500 square foot building on a 0.80-acre parcel of land. Advance Auto Parts recently extended their lease demonstrating their commitment to the site and market. Advance Auto Parts has 4+ years remaining on their Absolute NNN Lease with two (2), 5-year renewal options. The lease features attractive rent increases at the start of each renewal option, providing the investor with an attractive increase in revenue and a hedge against inflation. The Property is situated along E State Street (US Route 20 BUS), the area’s primary commercial and commuter corridor. The Property enjoys outstanding visibility and frontage and is convenient to the area’s industrial base (Kraft Heinz, Green Bay Packaging & Crown Battery) and residential neighborhoods, providing a built-in customer base.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.