Shopping Strip
O'Reilly Shops
229 Lafayette St, London, OH 43140
Listing Price: $1,934,500
Investment Overview
Marcus & Millichap is pleased to present for sale O'Reilly Shops in London, Ohio. O’Reilly Automotive, Inc. (NASDAQ: ORLY) is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, serving both professional service providers and do-it-yourself customers.
Founded in 1963, Donatos is a family-owned pizza company with more than 460 locations in 29 states. The name, derived from the Latin for “to give a good thing,” encompasses Donatos’ mission: make the best pizza, hire great people, and promote goodwill in the community.
London, the county seat of Madison County, Ohio, is situated in the central-western part of the state. London is known for its rich history, small-town atmosphere, and strong sense of community. With a population of approximately 10,000 residents, London offers a blend of rural tranquility and accessibility to nearby urban centers.
O'Reilly Shops
Investment Highlights
- 100 Percent Leased Retail Center with Diverse Tenant Mix - All Triple-Net Leases
- Priced Below Replacement Cost
- Long Term Occupancy - Donatos Pizza has Operated at the Site for 18 Years and Doubled Footprint to Meet Demand. O'Reilly Auto Parts has Operated at the Site for 13 Years
- Corporate Guarantees by O'Reilly Auto Parts and Donatos Pizza
- Located at Signalized Intersection in a Strong Retail Corridor with National Tenants: Kroger, Walmart, Tractor Supply Co, Sherwin-Williams, CVS, Bealls, and Many More
- Direct Connection to Historic Downtown London and Dwight D. Eisenhower Hwy-70 (Over 55,400 Cars Per Day)
- 25 Minutes from Columbus, the Fastest Growing MSA in the Midwest Since 2010
- Low Rent per Square Foot Creating Long Term Historical Occupancy
Listing Price: $1,934,500
Investment Highlights
- 100 Percent Leased Retail Center with Diverse Tenant Mix - All Triple-Net Leases
- Priced Below Replacement Cost
- Long Term Occupancy - Donatos Pizza has Operated at the Site for 18 Years and Doubled Footprint to Meet Demand. O'Reilly Auto Parts has Operated at the Site for 13 Years
- Corporate Guarantees by O'Reilly Auto Parts and Donatos Pizza
- Located at Signalized Intersection in a Strong Retail Corridor with National Tenants: Kroger, Walmart, Tractor Supply Co, Sherwin-Williams, CVS, Bealls, and Many More
- Direct Connection to Historic Downtown London and Dwight D. Eisenhower Hwy-70 (Over 55,400 Cars Per Day)
- 25 Minutes from Columbus, the Fastest Growing MSA in the Midwest Since 2010
- Low Rent per Square Foot Creating Long Term Historical Occupancy
Investment Overview
Marcus & Millichap is pleased to present for sale O'Reilly Shops in London, Ohio. O’Reilly Automotive, Inc. (NASDAQ: ORLY) is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, serving both professional service providers and do-it-yourself customers. Founded in 1963, Donatos is a family-owned pizza company with more than 460 locations in 29 states. The name, derived from the Latin for “to give a good thing,” encompasses Donatos’ mission: make the best pizza, hire great people, and promote goodwill in the community. London, the county seat of Madison County, Ohio, is situated in the central-western part of the state. London is known for its rich history, small-town atmosphere, and strong sense of community. With a population of approximately 10,000 residents, London offers a blend of rural tranquility and accessibility to nearby urban centers.
