Kidder Mathews along with Parasell Inc is pleased to present the fee simple interest in the Advance Auto Parts store located at 255 Meadowglen Drive in Ottawa, Ohio, a primary retail corridor of Ottawa. This property has bene occupied by Advance Auto since it was built in 2006 and was just renewed by Advance Auto with a fresh 11 year modified NNN lease, wtih the landlord only responsible for structure and additional general liability insurance. Additionally, 3 Brand New HVAC units were installed and recently replaced the original units that were built with the building The tenant is responsible for all other expenses, including the roof, parking lot, insurance, interior and exterior maintenance, HVAC, utilities, and landscaping. The tenant reimburses the landlord 100 percent for actual real estate taxes with no cap. Advance Auto Parts has been operating at this location for 20 years. The rent increases in each of the three, five-year option periods by 8-10 percent. This retail corridor serves a large trade area since 2006 since the nearest major retail corridor with similar tenants is over 20 miles away. The subject property is situated on the corner of Perry Street and Meadowglen Drive. Advance Auto Parts is located near many major national retailers such as a Walmart Supercenter, Wendy's, Arby's, Dollar General, Ottawa Chevrolet, and more and their recent lease extension demonstrates their commitment to maintaining their presence in Ottawa. Please contact broker for further information.