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Auto Parts

O'Reilly Auto Parts | New 15-Year Lease

County Line Rd & Spring Time St., Spring Hill, FL 34608

Listing Price: $2,685,000

Cap Rate
4.75%
Tenant Name
O'Reilly Auto Parts
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
7,575
Lease Type
Double Net
Rent Per Square Feet
$16.84

Investment Overview

Marcus & Millichap is pleased to present the O'Reilly Auto Parts in Spring Hill, Florida.

Investment Highlights

  • 15-Year Corporate Lease, 6% Increases Every 5 Years Beginning in Year 11
  • Investment Grade Credit Tenant (NASDAQ: ORLY), Rated 'BBB' by S&P and Ranked on Fortune 500
  • O'Reilly has Reported 29 Consecutive Years of Comparable Store Sales Growth, Record Revenue and Operating Income
  • Brand New Construction on Oversized 2.2-Acre Parcel, Minimal Landlord Responsibilities
  • Located within the Tampa-St. Petersburg-Clearwater MSA with a Population of Over 3 Million
  • Over 106,000 Residents in Primary Trade Area, Surrounded by Major Residential Developments
  • Down the Street from High-Volume Publix Grocery Anchored Center

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Auto Parts

O'Reilly Auto Parts | New 15-Year Lease

Listing Price: $2,685,000

Cap Rate
4.75%
Tenant Name
O'Reilly Auto Parts
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
7,575
Lease Type
Double Net
Rent Per Square Feet
$16.84

Investment Highlights

  • 15-Year Corporate Lease, 6% Increases Every 5 Years Beginning in Year 11
  • Investment Grade Credit Tenant (NASDAQ: ORLY), Rated 'BBB' by S&P and Ranked on Fortune 500
  • O'Reilly has Reported 29 Consecutive Years of Comparable Store Sales Growth, Record Revenue and Operating Income
  • Brand New Construction on Oversized 2.2-Acre Parcel, Minimal Landlord Responsibilities
  • Located within the Tampa-St. Petersburg-Clearwater MSA with a Population of Over 3 Million
  • Over 106,000 Residents in Primary Trade Area, Surrounded by Major Residential Developments
  • Down the Street from High-Volume Publix Grocery Anchored Center

Investment Overview

Marcus & Millichap is pleased to present the O'Reilly Auto Parts in Spring Hill, Florida.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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