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O'Reilly Auto Parts 2176 County 52 E rd 7,260 SF Retail Building Pelham, AL 35124 $1,893,000 ($260.74/SF) 6.15% Cap Rate
Investment Highlights
- 15-year build-to-suit O’Reilly lease with 8.8 years remaining
- Well maintained building constructed in 2019
- Favorable NN structure with tenant responsible for maintenance of the parking lot and all HVAC repairs and replacement
- Site is an outparcel to a Publix anchored retail center
Executive Summary
The subject property features a landlord-favorable 8.8 year lease to one of the nation’s largest and fastest growing auto parts retailers. O'Reilly Auto Parts is 2019 build-to-suit construction and sits in front of a 76,000 SF Publix-anchored shopping center.
Property Facts
Sale Type
Investment
Property Type
Building Size
7,260 SF
Year Built
2019
Price
$1,893,000
Price Per SF
$260.74
Cap Rate
6.15%
NOI
$116,429
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.88 AC
Parking
31 Spaces (4.27 Spaces per 1,000 SF Leased)
Nearby Major Retailers
1 of 6
Videos
Matterport 3D Exterior
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O'Reilly Auto Parts | 2176 County 52 E rd
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