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O'Reilly Auto Parts - Ephrata 654 Basin St SW 5,500 SF Retail Building Ephrata, WA 98823 $1,371,902 ($249.44/SF) 6.15% Cap Rate
Executive Summary
• Corporate NNN* lease structure with tenant responsible for taxes, insurance, HVAC, parking lot, landscaping, and utilities
• O’Reilly Auto Parts is a Fortune 500 company and the largest specialty retailer of automotive parts in the United States
• Tenant has occupied this location since 1997 (nearly 30-year operating history at the site)
• Two remaining 5-year options with contractual rent increases
• Direct frontage on SR-28, Ephrata’s primary retail corridor
• 0.52 AC site across 2 parcels with dedicated 18-stall parking lot
• O’Reilly Auto Parts is a Fortune 500 company and the largest specialty retailer of automotive parts in the United States
• Tenant has occupied this location since 1997 (nearly 30-year operating history at the site)
• Two remaining 5-year options with contractual rent increases
• Direct frontage on SR-28, Ephrata’s primary retail corridor
• 0.52 AC site across 2 parcels with dedicated 18-stall parking lot
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,500 SF
Building Class
B
Year Built
1953
Price
$1,371,902
Price Per SF
$249.44
Cap Rate
6.15%
NOI
$84,372
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.52 AC
Zoning
Commercial 2
Parking
18 Spaces (3.27 Spaces per 1,000 SF Leased)
Frontage
77’ on S Basin St
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $465,819 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$465,819
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O'Reilly Auto Parts - Ephrata | 654 Basin St SW
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