AGENT OWNED INVESTMENT OPPORTUNITY, NATIONAL TENANT 19 North Main Street, New London, OH 44851
Retail - Free Standing
Property Description
This property is an AGENT-OWNED property currently leased to NAPA Auto Parts, Inc., a nationally recognized and creditworthy tenant with over 6,000 locations across North America. The current lease runs through January 2029 with three additional five-year renewal options, offering long-term income stability. NAPA is responsible for property taxes and insurance, while the landlord maintains the building structure and site, resulting in minimal management and predictable cash flow. The property offers 12 parking spaces and seven overhead doors (six measuring 10’ x 10’ and one at 12’ x 12’), supporting excellent operational flexibility. Zoned DBD (Downtown Business District), the site accommodates a wide range of commercial uses and future adaptability. With scheduled rent escalations every five years, this asset represents a secure, low-maintenance investment backed by a strong national tenant and prime downtown location.
Area Description
Located in downtown New London, this property sits prominently at the corner of N. Main Street and W. Main Street, directly across from McDonald’s.
Highlights
- Available: 12,789 SF | .588 AC
- Term: 3 Year NNN lease remaining through January 2029 with three 5 year options. Guarantee by Genuine Parts Company, dba NAPA Auto Parts
- 7 overhead doors total: 6 - 10’ x 10’ and 1 – 12’ x 12’
- Parking: 12 spaces
- Zoning: DBD (Downtown Business District)
- Traffic Count: 3,203 2024
- Annual Real Estate Taxes: $3,180.98
Full Address: 19 North Main Street, New London, OH 44851
Listing Type: FOR SALE
Status: Active
Zoning: B-D Business Downtown District
Region: M-EN
Property ID: 4092318
Roof: Metal
Building Sf: 12,789
Parcel Num: 26-0180-02-009-0000
Number Units: 1
Year Built: 1945







