3201 Capital Cir NE
Tallahassee, FL 32308
O'Reilly Auto - Tallahassee, Florida · Retail Property For Sale
Investment Highlights
- CORPORATE GUARANTEE FROM O'REILLY AUTO PARTS/ 5,200+ STORES/STANDARD & POOR'S BBB (INVESTMENT GRADE) RATING
- BRAND NEW ROOF INSTALLED IN 2014
- EXCELLENT ACCESS AND VISIBILITY TO MORE THAN 47,000 VEHICLES PER DAY
- MORE THAN 9 YEARS REMAIN ON THE NN LEASE WITH STRUCTURED INCREASES IN RENT EVERY 5 YEARS
- AFFLUENT DEMOGRAPHICS: AVERAGE HOUSEHOLD INCOME EXCEEDS $88,000 IN A THREE MILE RADIUS
- SITUATED HALF A MILE FROM THE CAPITAL CIRCLE EXIT OFF OF INTERSTATE 10, ACROSS FROM HOME DEPOT, PETSMART AND BEALLS ANCHORED POWER CENTER
Property Facts
Amenities
- Dedicated Turn Lane
- Pylon Sign
About 3201 CAPITAL CIR NE , TALLAHASSEE, FL 32308
Marcus & Millichap is pleased to present for sale this net leased O'Reilly Auto Parts located in Tallahassee, Florida. O'Reilly Automotive Stores, Inc. signed a new fifteen year lease in November of 2014 with structured rent increases every five years during the base term and into the options. The property consists of a 8,241 square-foot freestanding building that sits in approximately 1.11 Acres of land. This O'Reilly is situated directly across the street from a Home Depot, PetSmart and Bealls Anchored Power Center. This property has excellent access and visibility on Capital Circle which has traffic counts exceeding 47,000 Vehicles per day. Surrounding Retailers include McDonald's, Steak N Shake, Outback Steakhouse, Chick Fil A, Zaxby's Office Depot, Chipotle, The Home Depot, PetSmart and Bealls. O'Reilly Automotive Inc., is a publicly traded company headquartered in Springfield, Missouri. Starting with just one store and 13 employees, O'Reilly Auto Parts sales totaled $700,000 in 1958, their first full year of business. In 2018, the company reported sales of $9.536 Billion and has a Standard & Poor's BBB (investment grade) credit rating.
Property Taxes
| Parcel Number | 11-08-20-426-000.0 | Improvements Assessment | $976,569 |
| Land Assessment | $537,422 | Total Assessment | $1,513,991 |
Property Taxes
