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| Price $7,126,709 | Built/Renov 1995/2024 | Tenant O'Reilly Auto Parts |
| Cap Rate 5.50% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
42,097
| Lease Start
05-01-2024
| #Units
6,095
|
| Price/SF $169.29 | Expiration
04-30-2039
| Tenant Type Automotive |
| NOI $391,968 | R. Term 14.4 | Ownership Fee Simple |
| Rent/SF
$9.31
| Increases 8.0%/11/yrs | Pop 5Mi 295,754 |
| Lot/AC 3.96 | Options 4/5yrs/8% | AHHI 5Mi $105,255 |
| | |
O'Reilly Auto Parts is strategically located on East 81st Avenue, a primary thoroughfare, with access to a high daily traffic count of 65,400 vehicles. The property is positioned just west of Interstate 65, facilitating travel between Chicago and Indianapolis, with a traffic count of 67,400 VPD. Additionally, the newly constructed site serves as an outparcel to The Home Depot and Target. The...
...Recent renovation
Build to suit
High traffic 50M+ VPD
Shopping Ctr out-parcel
Top 100 MSA
Strong demographics
Brand new lease
Long 15+ yr lease
Traded and rated company
Investment grade tenant
O’Reilly Auto Parts is one of the largest specialty retailers of automotive aftermarket parts in the U.S. Their stores provide automotive aftermarket parts, tools, supplies, equipment, and...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 2,064 | 17,227 | 90,718 |
| 2023 Total Population : | 2,049 | 16,779 | 88,682 |
| 2023 Employed Civilian Pop : | 1,085 | 7,989 | 41,607 |
| 2023 Total Businesses : | 457 | 2,147 | 4,584 |
| 2023 Average Household Income : | $ 77,201 | $ 83,577 | $ 89,357 |
| 2023 Total Consumer Spending : | $ 73 M | $ 512 M | $ 2743 M |
| 2023 Median Age : | 40 | 43 | 40 |
| 2023 Total Households : | 1,097 | 7,070 | 35,389 |
| 2023 Pop Age 25+: Bachelor's Degree : | 356 | 2,072 | 11,511 |
| 2023 Average Home Value : | $ 220,458 | $ 219,985 | $ 236,802 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| East 81st Avenue | Colorado St | 2021 | 63,187 | 0.06 mi |
| Colorado Street | E 81st Ave | 2021 | 8,498 | 0.13 mi |
| East 81st Avenue | E 80th Pl | 2021 | 39,087 | 0.38 mi |
| East 84th Place | Minnesota St | 2021 | 2,150 | 0.43 mi |
| E 81st Ave | Utah St | 2003 | 42,900 | 0.60 mi |
| East 89th Avenue | Colorado St | 2021 | 6,675 | 0.73 mi |
| E 81st Ave | Mississippi St | 2010 | 43,200 | 0.76 mi |
| Harms Road | E 83rd Ave | 2021 | 6,675 | 0.79 mi |
| Mississippi St | E 82nd Ave | 2014 | 16,115 | 0.88 mi |
| E 81st Ave | Mississippi St | 2015 | 65,432 | 0.92 mi |
Fort Lauderdale, FL
Cap Rate 6.00%
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R. Term 19.10 yrs
Size/SF 2,688
Riverside, CA
Cap Rate 5.75%
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R. Term 19.70 yrs
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Chicago, IL
Cap Rate 5.45%
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Size/SF 23,000
Lake Worth Beach, FL
Cap Rate 6.25%
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Hialeah Gardens, FL
Cap Rate 6.25%
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Roanoke, VA
Cap Rate 6.00%
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R. Term 14.10 yrs
Size/SF 4,578
Oceanside, CA
Cap Rate 6.25%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 4,195
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
