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| Price $1,860,000 | Built/Renov 2023 | Tenant O'Reilly Auto Parts |
| Cap Rate 6.00% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
7,385
| Lease Start
12-01-2023
| #Units
6,095
|
| Price/SF $251.86 | Expiration
11-30-2038
| Tenant Type Automotive |
| NOI $111,583 | R. Term 13.11 | Ownership Fee Simple |
| Rent/SF
$15.11
| Increases 6.0%/10/yrs | Pop 5Mi 14,171 |
| Lot/AC 0.64 | Options 4/5yrs/6% | AHHI 5Mi $91,932 |
| | |
O'Reilly Auto Parts is strategically located at the signalized, hard corner intersection of Eastern Avenue and Pleasant View Road, a major retail thoroughfare with access to a combined daily traffic count of 14,300 vehicles. The property shares proximity with well-known national tenants including Walmart Supercenter, Walgreens, and McDonald’s. Furthermore, within a mile radius of the site,...
...New construction
Dense retail corridor
Near major nationals
Shopping Ctr out-parcel
Affluent suburb location
Long 10+ yr lease
Favorable NN+ lease
Traded and rated company
Corporate Guarantee
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 : | 3,680 | 10,382 | 13,928 |
| 2023 Total Population : | 3,752 | 10,595 | 14,167 |
| 2023 Employed Civilian Pop : | 1,725 | 5,245 | 7,105 |
| 2023 Total Businesses : | 237 | 523 | 661 |
| 2023 Average Household Income : | $ 80,470 | $ 86,405 | $ 91,902 |
| 2023 Total Consumer Spending : | $ 120 M | $ 352 M | $ 488 M |
| 2023 Median Age : | 47 | 45 | 46 |
| 2023 Total Households : | 1,722 | 4,734 | 6,160 |
| 2023 Pop Age 25+: Bachelor's Degree : | 512 | 1,450 | 1,991 |
| 2023 Average Home Value : | $ 289,620 | $ 292,436 | $ 301,968 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Eastern Avenue | Plz Ln | 2021 | 10,000 | 0.03 mi |
| Pleasant View Road | Eastern Ave | 2021 | 2,800 | 0.21 mi |
| Pleasant View Road | Songbird Ct | 2021 | 3,500 | 0.23 mi |
| S Highland Ave | Adrian Ct | 2014 | 3,300 | 0.31 mi |
| South Highland Avenue | P R | 2021 | 3,600 | 0.32 mi |
| Eastern Ave | N Highland Ave | 2017 | 9,400 | 0.35 mi |
| N Highland Ave | Kensington Ave | 2017 | 3,000 | 0.37 mi |
| Eastern Ave | Carr Rd | 2017 | 10,800 | 0.38 mi |
| Valley Road | S Highland Ave | 2021 | 860 | 0.50 mi |
| Columbia Dr | 2021 | 1,300 | 0.68 mi |
Hondo, TX
Cap Rate 6.10%
Lease NN+
R. Term 14.10 yrs
Size/SF 6,889
Columbus, OH
Cap Rate 7.00%
Lease Abs NNN
R. Term 3.40 yrs
Size/SF 6,672
South Euclid, OH
Cap Rate 6.36%
Lease Double NN
R. Term 10.20 yrs
Size/SF 11,679
Cuyahoga Falls, OH
Cap Rate 6.32%
Lease Double NN
R. Term 10.10 yrs
Size/SF 6,796
Laconia, NH
Cap Rate 6.75%
Lease NN+
R. Term 4.10 yrs
Size/SF 6,895
Depew, NY
Cap Rate 6.00%
Lease NN+
R. Term 5.00 yrs
Size/SF 6,595
Marion, IL
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,760
Charleston, WV
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 1,300
Hickory, NC
Cap Rate 5.76%
Lease Double NN
R. Term 13.60 yrs
Size/SF 7,225
Allendale Charter Township, MI
Cap Rate 6.00%
Lease Double NN
R. Term 14.00 yrs
Size/SF 7,780
Richmond, CA
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 1,575
Smyrna, TN
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 1,860
Erie, PA
Cap Rate 5.99%
Lease Double NN
R. Term 12.10 yrs
Size/SF 7,000
Chaska, MN
Cap Rate 6.75%
Lease Abs NNN
R. Term 6.10 yrs
Size/SF 4,809
Champaign, IL
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,372
Louisville, KY
Cap Rate 6.50%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 1,609
Tulsa, OK
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 1,500
Snyder, TX
Cap Rate 6.70%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 2,141
Groves, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,664
Mount Vernon, IL
Cap Rate 6.25%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,627
Dunlap, TN
Cap Rate 6.10%
Lease NN+
R. Term 8.11 yrs
Size/SF 8,075
Chaska, MN
Cap Rate 6.75%
Lease Abs NNN
R. Term 5.10 yrs
Size/SF 4,809
Tappahannock, VA
Cap Rate 6.00%
Lease NN+
R. Term 15.40 yrs
Size/SF 7,225
Longwood, FL
Cap Rate 5.96%
Lease Double NN
R. Term 3.70 yrs
Size/SF 12,460
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
