Freestanding Single NNN | O'Reilly Auto Parts
Newly Reduced | $2.65M | 5% Cap
Marketing description
Encouraging Offers! Newly Priced! 7933 Watt Avenue is a one-story, single-tenant freestanding retail asset with 265 Feet of frontage along Elverta Road. It’s currently leased to O’Reilly Auto Parts. The building, constructed in 2003, is 7,009 SF and is situated in a Walmart Superstore Center with ample parking and easy customer access.
This is an excellent opportunity for Investors to acquire a property with a nationally known credit tenant on an NNN lease. This specific O’Reilly Auto Parts has been at this location since 2002 and recently signed an extension through 2028 with renewal options available. The lease has rental increases every five years, enabling the Owner / Lessor to benefit from increased and predictable cash flow.
Investment highlights
Shadow-Anchored by a Walmart Superstore Center
Long Term National Credit Tenant
Corporate Guarantee
Excellent Visibility | 265’ Frontage
Ample Surface Parking
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