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Auto Parts

O'Reilly Auto Parts | 10+/- Years Remaining

2250 Asheville Hwy, Hendersonville, NC 28791

Listing Price: $1,674,800

Cap Rate
6.00%
Tenant Name
O'Reilly Auto Parts
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
6,800
Lease Type
Double Net
Rent Per Square Feet
$14.78

Investment Overview

O’R E I L LY A U TO PA RT S
• PUBLICLY TRADED ON NASDAQ

• INVESTMENT GRADE TENANT | BBB / STABLE RATING ON STANDARD & POORS

• FORTUNE 500 COMPANY

• 6,000+ STORES IN 48 STATES

• SALES OF $15.8 BILLION IN 2023

Investment Highlights

  • 10+/- YEARS REMAINING ON 20-YEAR LEASE
  • DOUBLE-NET (NN) LEASE | MINIMAL LANDLORD RESPONSIBILITIES
  • 6% INCREASES DURING EACH RENEWAL OPTION
  • STRONG AREA | 59,000+ 5-MILE POPULATION
  • ASHEVILLE HIGHWAY LOCATION | 24,000 VPD

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s) NC: 303785

    North Carolina

Financing By

Auto Parts

O'Reilly Auto Parts | 10+/- Years Remaining

Listing Price: $1,674,800

Cap Rate
6.00%
Tenant Name
O'Reilly Auto Parts
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
6,800
Lease Type
Double Net
Rent Per Square Feet
$14.78

Investment Highlights

  • 10+/- YEARS REMAINING ON 20-YEAR LEASE
  • DOUBLE-NET (NN) LEASE | MINIMAL LANDLORD RESPONSIBILITIES
  • 6% INCREASES DURING EACH RENEWAL OPTION
  • STRONG AREA | 59,000+ 5-MILE POPULATION
  • ASHEVILLE HIGHWAY LOCATION | 24,000 VPD

Investment Overview

O’R E I L LY A U TO PA RT S • PUBLICLY TRADED ON NASDAQ • INVESTMENT GRADE TENANT | BBB / STABLE RATING ON STANDARD & POORS • FORTUNE 500 COMPANY • 6,000+ STORES IN 48 STATES • SALES OF $15.8 BILLION IN 2023

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s): NC: 303785

    North Carolina

Financing By

MM Texture Background
MM Textured Background Lower