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Auto Parts

O'Reilly Auto Parts (NASDAQ: ORLY) | New Hampshire - Tax Free State | Affluent Area: $115k+ Avg. HHI

1339 Hooksett Rd, Hooksett (Manchester MSA), NH 03106

Listing Price: $2,530,274

Cap Rate
5.85%
Tenant Name
O'Reilly Auto Parts
Years Remaining On Lease
10.6
Gross SF
7,280
Guarantor
Corporate Guarantee
Rentable SF
7,280
Price/Gross SF
$347.57
Lease Type
Double Net
Rent Per Square Feet
$20.33

Investment Overview

Hooksett, Merrimack County, New Hampshire, is located between Manchester, the state’s largest city, and Concord, the state capital. A prominent landmark is Robie’s Country Store, a National Historic Landmark and a frequent stop for presidential candidates during the New Hampshire primary. Merrimack County is a county in the U.S. state of New Hampshire. As of the 2020 Census, the population was 153,808, making it the 3rd most populous county in New Hampshire. Its county seat is Concord, the state capital. The county was organized in 1823 from parts of Hillsborough and Rockingham counties, and is named for the Merrimack River. Merrimack County comprises the Concord, NH Micropolitan Statistical Area, which in turn constitutes a portion of the Boston–Worcester–Providence, MA–RI–NH–CT Combined Statistical Area. In 2010, the center of population of New Hampshire was located in Merrimack County, in the town of Pembroke.

Investment Highlights

  • Long Term Corporate Lease Featuring a 6% Rental Increase in 2029 and at Each Option. 2019 High Quality Construction.
  • Positioned Along Area's Retail, Industrial & Traffic Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 30k Vehicles.
  • Affluent Area: Features an Average Household Income of more than $115k within a 3-Mile Radius. Characterized by its Affluence, Hooksett offers a High Standard of Living to its Residents.
  • In Close Proximity to Numerous National Retailers including Target, The Home Depot, Walmart Supercenter, Bass Pro Shops, Tractor Supply, Walgreens, CVS Pharmacy and many more.
  • The Site Benefits from its Close Proximity to Downtown Manchester, NH and Boston, MA - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy.
  • The Overall Company is Ranked #287 on Fortune 500 List & Features a S&P Investment Grade Credit Rating of "BBB" with an Annual Revenue of 14.40 Billion.
  • Minutes from Southern New Hampshire University - one of the Fastest-Growing Universities Nationwide with 138,900 Online Students and 3,910 on Campus.
  • Near Numerous Distribution Centers, Industrial and Manufacturing Plants. Large Base of Employees within Walking Distance or a Short Drive.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s) NH: 077795

    New Hampshire

Financing By

Auto Parts

O'Reilly Auto Parts (NASDAQ: ORLY) | New Hampshire - Tax Free State | Affluent Area: $115k+ Avg. HHI

Listing Price: $2,530,274

Cap Rate
5.85%
Tenant Name
O'Reilly Auto Parts
Years Remaining On Lease
10.6
Gross SF
7,280
Guarantor
Corporate Guarantee
Rentable SF
7,280
Price/Gross SF
$347.57
Lease Type
Double Net
Rent Per Square Feet
$20.33

Investment Highlights

  • Long Term Corporate Lease Featuring a 6% Rental Increase in 2029 and at Each Option. 2019 High Quality Construction.
  • Positioned Along Area's Retail, Industrial & Traffic Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 30k Vehicles.
  • Affluent Area: Features an Average Household Income of more than $115k within a 3-Mile Radius. Characterized by its Affluence, Hooksett offers a High Standard of Living to its Residents.
  • In Close Proximity to Numerous National Retailers including Target, The Home Depot, Walmart Supercenter, Bass Pro Shops, Tractor Supply, Walgreens, CVS Pharmacy and many more.
  • The Site Benefits from its Close Proximity to Downtown Manchester, NH and Boston, MA - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy.
  • The Overall Company is Ranked #287 on Fortune 500 List & Features a S&P Investment Grade Credit Rating of "BBB" with an Annual Revenue of 14.40 Billion.
  • Minutes from Southern New Hampshire University - one of the Fastest-Growing Universities Nationwide with 138,900 Online Students and 3,910 on Campus.
  • Near Numerous Distribution Centers, Industrial and Manufacturing Plants. Large Base of Employees within Walking Distance or a Short Drive.

Investment Overview

Hooksett, Merrimack County, New Hampshire, is located between Manchester, the state’s largest city, and Concord, the state capital. A prominent landmark is Robie’s Country Store, a National Historic Landmark and a frequent stop for presidential candidates during the New Hampshire primary. Merrimack County is a county in the U.S. state of New Hampshire. As of the 2020 Census, the population was 153,808, making it the 3rd most populous county in New Hampshire. Its county seat is Concord, the state capital. The county was organized in 1823 from parts of Hillsborough and Rockingham counties, and is named for the Merrimack River. Merrimack County comprises the Concord, NH Micropolitan Statistical Area, which in turn constitutes a portion of the Boston–Worcester–Providence, MA–RI–NH–CT Combined Statistical Area. In 2010, the center of population of New Hampshire was located in Merrimack County, in the town of Pembroke.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s): NH: 077795

    New Hampshire

Financing By

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