Shopping Auto Center
O'Reilly's Auto Parts Tacoma
2901 6th Ave, Tacoma, WA 98406
Listing Price: $2,500,000
Investment Overview
The O'Reilly Auto Parts located at 2901 6th Ave in Tacoma is for sale for $2,500,000 at a current 5.2% cap and 5.6% average cap rate over the 6 plus year lease term. The building is 6,500 sf situated on 0.29 acres on 6th Avenue and South Pine Street. The offering includes a favorable corporate guaranteed NNN lease with minimal landlord responsibility (roof and structure), a new roof was installed in 2021. O'Reilly Auto Parts recently extended their lease and has occupied this Tacoma location for over 25 years.
O'Reilly's Auto Parts Tacoma
Investment Highlights
- O'Reilly Auto Parts, S&P Rating BBB+, Investment Grade Credit Tenant (NASDAQ:ORLY), Ranked #279 on Fortune 500
- No State Income Tax in Washington State.
- Minimal landlord responsibility (roof and structure). New roof installed in 2021
- Over 6 years remaining on lease term, tenant has occupied this location since 1997
Exclusively Listed By
Financing By
Listing Price: $2,500,000
Investment Highlights
- O'Reilly Auto Parts, S&P Rating BBB+, Investment Grade Credit Tenant (NASDAQ:ORLY), Ranked #279 on Fortune 500
- No State Income Tax in Washington State.
- Minimal landlord responsibility (roof and structure). New roof installed in 2021
- Over 6 years remaining on lease term, tenant has occupied this location since 1997
Investment Overview
The O'Reilly Auto Parts located at 2901 6th Ave in Tacoma is for sale for $2,500,000 at a current 5.2% cap and 5.6% average cap rate over the 6 plus year lease term. The building is 6,500 sf situated on 0.29 acres on 6th Avenue and South Pine Street. The offering includes a favorable corporate guaranteed NNN lease with minimal landlord responsibility (roof and structure), a new roof was installed in 2021. O'Reilly Auto Parts recently extended their lease and has occupied this Tacoma location for over 25 years.
Exclusively Listed By
Financing By
