$2,500,000
O'Reilly Auto Parts
Details
Property Type Retail
Sub Type Storefront
Square Footage 6,049
Units 1
Cap Rate 5.15%
NOI $128,656
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 12/31/2035
Remaining Term 9.6
Price per SqFt $413
Year Built 2015
Stories 1
Acreage 0.510
Zoning RDD-DT2
Investment Type Stabilized
Sale Condition 1031 exchange
Free-standing retail building that is NNN leased to O'Reilly's Auto Parts
Marketing description
Engel & Völkers is offering this great free standing retail building that is NNN leased to ORielly's auto part. 13 years on lease with 3 option for renewals. NOI calculated from current NNN Lease with approximation of lease adjustment. New NOI in three years will be $132.334.56
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$128,656.00
$10,721.33/mo
Valuation Metrics
0
DSCR
5.15%
Cap Rate
5.15%
ROI
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