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O'Reilly Auto Parts 5275 E Busch Blvd 7,240 SF Retail Building Temple Terrace, FL 33617 $2,767,000 ($382.18/SF) 5.25% Cap Rate



INVESTMENT HIGHLIGHTS
- New 15 Year Lease (commenced in 2021) with Four, 5 Year options to extend, demonstrating a long-term commitment to the site.
- Located less than 1 mile from Busch Gardens with over 4 million visitors annually.
- Positioned along Busch Boulevard, with traffic counts exceeding 38,000 vehicles per day.
- Upgraded Masonry and Block construction with a metal roof.
- Just west of the University of South Florida, home to 50,000 students and 16,000 employees.
- Serving over 260,000 Residents in a Growing Tampa Suburb.
EXECUTIVE SUMMARY
Anchor Net Lease is pleased to offer 5275 East Busch Boulevard, a 7,240 SF freestanding O’Reilly Auto Parts in the heart of Temple Terrace (Tampa), Florida. This property presents a rare opportunity to acquire a recently built, fee-simple interest in a Class “A” O’Reilly Auto Parts retail location.
Constructed in 2021, the building sits on a generous 1.08-acre lot and features upgraded block-and-stucco construction, enhanced architectural accents, and lush landscaping. The property is prominently positioned on Busch Boulevard, the primary east/west retail corridor in Temple Terrace, with over 38,000 vehicles per day, and just west of 56th Street (Highway 583), which carries more than 44,500 vehicles daily. The site benefits from a lighted intersection, excellent visibility, direct access from Overlook Drive, and proximity to major attractions, including Busch Gardens (4M+ visitors annually). Within 1.5 miles are additional demand drivers such as the University of South Florida (50,000+ students), Florida College, and Adventure Island.
O’Reilly Auto Parts operates on a 15-year NN lease that commenced in 2021 and runs through January 2036. The lease includes a 6% rental increase in year 11, plus four (4) five-year extension options. Surrounding national retailers include Publix, CVS, Walgreens, Winn-Dixie, Starbucks, Chase, Jersey Mike’s, AutoZone, WaWa, Save-A-Lot, AT&T, and Burger King.
Constructed in 2021, the building sits on a generous 1.08-acre lot and features upgraded block-and-stucco construction, enhanced architectural accents, and lush landscaping. The property is prominently positioned on Busch Boulevard, the primary east/west retail corridor in Temple Terrace, with over 38,000 vehicles per day, and just west of 56th Street (Highway 583), which carries more than 44,500 vehicles daily. The site benefits from a lighted intersection, excellent visibility, direct access from Overlook Drive, and proximity to major attractions, including Busch Gardens (4M+ visitors annually). Within 1.5 miles are additional demand drivers such as the University of South Florida (50,000+ students), Florida College, and Adventure Island.
O’Reilly Auto Parts operates on a 15-year NN lease that commenced in 2021 and runs through January 2036. The lease includes a 6% rental increase in year 11, plus four (4) five-year extension options. Surrounding national retailers include Publix, CVS, Walgreens, Winn-Dixie, Starbucks, Chase, Jersey Mike’s, AutoZone, WaWa, Save-A-Lot, AT&T, and Burger King.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,240 SF
Building Class
C
Year Built
2021
Price
$2,767,000
Price Per SF
$382.18
Cap Rate
5.25%
NOI
$145,270
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.77 AC
Zoning
CG
Parking
35 Spaces (4.83 Spaces per 1,000 SF Leased)
Frontage
49’ on Busch Blvd
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | T-22-28-19-55X-000002-00023.0 | Improvements Assessment | $725,631 |
| Land Assessment | $468,769 | Total Assessment | $1,194,400 |
PROPERTY TAXES
Parcel Number
T-22-28-19-55X-000002-00023.0
Land Assessment
$468,769
Improvements Assessment
$725,631
Total Assessment
$1,194,400
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Presented by
Anchor Net Lease
O'Reilly Auto Parts | 5275 E Busch Blvd
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