O'REILLY AUTO PARTS
2350 WOODVILLE ROAD | OREGON, OH
HIGHLIGHTS
• Stabilized Investment – This Dual Tenanted Asset is Fully Occupied and has No Vacancy, Providing an Investor a Steady Income Stream with Minimal Landlord Responsibilities, including an O’Reilly Automotive Corporate Guaranty.
• Brand New Lease Extension – O’Reilly Automotive Stores, Inc. Recently Extended Their Lease for an Additional 5 Years, Reflecting Their Strong Commitment to this Location.
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• Dense Infill Trade Area – The Immediate Area Includes Excellent Demographics and Population Growth in Excess of 93,000 People with an Average Household Income Over $42,322. The Subject property is Surrounded by Numerous Retailers: Walmart, Kroger MarketPlace, Rite Aid, Walgreens AutoZone, Starbucks, McDonald’s, Taco Bell, Chipotle, Dollar
General, Big Lots, Goodwill Store and Many More.
PROPERTY INFO
Property Type: Retail
Status: For Sale
Building Size (Total GLA): 22,220 SF
Lot Size: 99,945 SF (2.29 Acres)
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iNVESTMENT PRICING
Price: 2,590,000
Cap Rate Current: 6.75%
Cap Rate Pro Forma: 7.16%
Price Per Square Foot (Building): $116.56
Price Per Square Foot (Lot): $25.91
financial DETAILS
Lease Type: Contact Agent
Lease Term Remaining: Contact Agent
Rent Increases: Contact Agent
Options to Extend: Contact Agent
Guarantor: Contact Agent