Listed by Marcus & Millichap - Denver
$2,065,000
O'Reilly Auto Parts
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 7,225
Cap Rate 5.75%
NOI $118,754
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Term 15
Lease Expiration 06/30/2036
Remaining Term 10
Rent Bumps Yes
Lease Options 5 x 5-Year
Year Built 2021
Acreage 1.570
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 07/01/2021
Ground Lease No
Sale Condition N/A
Retail | 5.75% CAP | 10+ YR REMAINING
Investment highlights
- LONG-TERM NNN LEASE WITH RENT GROWTH
- CORPORATE GUARANTEED & INVESTMENT GRADE TENANT
- RECESSION-RESISTANT RETAILER
- PASSIVE INVESTMENT STRUCTURE
- STRONG TRAFFIC EXPOSURE
Listing Contacts
Listed by Marcus & Millichap - Denver
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$118,754.00
$9,896.17/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
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