4950 Dave Robbins Way | Lakeland, FL 33812
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4950 Dave Robbins Way
Lakeland, FL 33812
O'Reilly Auto Parts · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- O’Reilly Auto Parts (NASDAQ: ORLY) has an investment-grade credit rating (S&P: BBB) and achieved $15.8 billion in revenue in 2023.
- O’Reilly is an outparcel to Publix—the most dominant grocery store chain in the South—and Publix is headquartered in Lakeland.
- O’Reilly is on a corner lot at a lighted intersection along a road with 56,500 vehicles per day. Traffic along Bartow Road has grown 40% since 2020.
- Lease term remaining exceeds 11 years and O’Reilly pays a low $17 PSF. Market rent in Lakeland has grown 22.6% since Q1 2020.
- This store is 10 miles from O’Reilly’s only Distribution Center in FL. Lakeland is a distribution hub, as 10 million people live within 100 miles.
- 5,100 new residential units are being added as in a trade area with 80,794 residents with AHHI of $112,799 live within 5 miles of the Property.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,627 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.95 AC
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 24-29-11-281017-000150 | Improvements Assessment | $658,428 |
| Land Assessment | $478,067 | Total Assessment | $1,136,495 |
PROPERTY TAXES
Parcel Number
24-29-11-281017-000150
Land Assessment
$478,067
Improvements Assessment
$658,428
Total Assessment
$1,136,495
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