Auto Parts
O'Reilly Auto Parts | 12 Years Remaining
11423 N Williams St, Dunnellon, FL 34432
Listing Price: $1,686,000
Cap Rate
5.40%
Tenant Name
O'Reilly Auto Parts
Years Remaining On Lease
12.0
Guarantor
Corporate Guarantee
Rentable SF
7,225
Lease Type
Double Net
Rent Per Square Feet
$12.60
Investment Overview
Marcus & Millichap is pleased to present the O'Reilly Auto Parts in Dunnellon, FL.
O'Reilly Auto Parts | 12 Years Remaining
Investment Highlights
- Approximately 12 Years Remaining on an Original 20-Year Lease
- Investment Grade Credit Tenant (Rated BBB by S&P), Ranked #279 on Fortune 500
- 6% Rental Increases Every 5 Years Beginning in Year 11
- New Upgraded Block Construction with Concrete Parking Lot, Minimal Landlord Responsibilities
- O'Reilly has Achieved 30 Consecutive Years of Comparable Store Sales Growth
- Average O'Reilly Store Generates $2.4 Million in Sales, Up 15%+ Since 2019
- Strategic Location, Closest O'Reilly is Over 12 Miles Away
- Serving Over 62,339 Residents in Primary Trade Area
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,686,000
Cap Rate
5.40%
Tenant Name
O'Reilly Auto Parts
Years Remaining On Lease
12.0
Guarantor
Corporate Guarantee
Rentable SF
7,225
Lease Type
Double Net
Rent Per Square Feet
$12.60
Investment Highlights
- Approximately 12 Years Remaining on an Original 20-Year Lease
- Investment Grade Credit Tenant (Rated BBB by S&P), Ranked #279 on Fortune 500
- 6% Rental Increases Every 5 Years Beginning in Year 11
- New Upgraded Block Construction with Concrete Parking Lot, Minimal Landlord Responsibilities
- O'Reilly has Achieved 30 Consecutive Years of Comparable Store Sales Growth
- Average O'Reilly Store Generates $2.4 Million in Sales, Up 15%+ Since 2019
- Strategic Location, Closest O'Reilly is Over 12 Miles Away
- Serving Over 62,339 Residents in Primary Trade Area
Investment Overview
Marcus & Millichap is pleased to present the O'Reilly Auto Parts in Dunnellon, FL.
Exclusively Listed By
Broker of Record
Financing By
