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Auto Parts

O'Reilly Auto Parts | New 15-Yr. Lease

1212 Providence Blvd, Deltona (Orlando MSA), FL 32725

Listing Price: $2,629,000

Cap Rate
5.25%
Tenant Name
O'Reilly Auto Parts
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
7,228
Lease Type
Double Net
Rent Per Square Feet
$19.09

Investment Overview

Marcus & Millichap is pleased to present the O'Reily in Deltona, Florida.

Investment Highlights

  • 15-Year Corporate Lease, 6% Increases Every 5 Years Beginning in Year 11
  • Investment Grade Credit Tenant Rated BBB by S&P (NASDAQ: ORLY), Ranked #279 on Fortune 500
  • Brand New Upgraded Construction, Minimal Landlord Responsibilities
  • Serving Over 111,000 Residents in Growing Orlando Suburb
  • Highly Visible Along Major Commercial Artery with 20,450 Cars/Day
  • Across from High-Volume Fresco y Más (Winn Dixie) 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-Yr. Lease

Listing Price: $2,629,000

Cap Rate
5.25%
Tenant Name
O'Reilly Auto Parts
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
7,228
Lease Type
Double Net
Rent Per Square Feet
$19.09

Investment Highlights

  • 15-Year Corporate Lease, 6% Increases Every 5 Years Beginning in Year 11
  • Investment Grade Credit Tenant Rated BBB by S&P (NASDAQ: ORLY), Ranked #279 on Fortune 500
  • Brand New Upgraded Construction, Minimal Landlord Responsibilities
  • Serving Over 111,000 Residents in Growing Orlando Suburb
  • Highly Visible Along Major Commercial Artery with 20,450 Cars/Day
  • Across from High-Volume Fresco y Más (Winn Dixie) Grocery Anchored Center

Investment Overview

Marcus & Millichap is pleased to present the O'Reily in Deltona, 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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