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O'Reilly Auto Parts 440 Fortman Dr 7,225 SF Retail Building Saint Marys, OH 45885 $1,855,000 ($256.75/SF) 5.70% Cap Rate



Investment Highlights
- Investment Grade Tenant (S&P: BBB) | Revenues of $17B+
- Located within Shoppes at St. Marys | Intersection of US Rte 33 and OH-66
- Essential Retail Tenant Resistant to E-Commerce Disruption
- Long-Term Corporate Lease with Rent Increases
- Strategic Location Adjacent to Major Community Drivers
- Supported by a Stable Manufacturing Workforce
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,225 SF
Building Class
B
Year Built
2022
Price
$1,855,000
Price Per SF
$256.75
Cap Rate
5.70%
NOI
$105,738
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.75 AC
Zoning
C
Parking
23 Spaces (3.18 Spaces per 1,000 SF Leased)
Frontage
199’ on Fortman Drive
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | H43-341-004-00 | Improvements Assessment | $245,740 |
| Land Assessment | $56,210 | Total Assessment | $301,950 |
Property Taxes
Parcel Number
H43-341-004-00
Land Assessment
$56,210
Improvements Assessment
$245,740
Total Assessment
$301,950
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