7532 S Tryon St | Charlotte, NC 28217
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7532 S Tryon St
Charlotte, NC 28217
O'Reilly Auto Parts · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- OVERSIZED LOT: Over 1.58 acres which allows for an owner to parcel off from ORLY for future development or sell off as an additional parcel.
- CONSTRUCTION: Property was constructed as a BTS for O’Reilly’s in 2020. Upgraded construction includes Brick and stucco facade along all four walls
- MAIN RETAIL THOROUGHFARE: The property is located on Tryon Street which is the MAIN retail thoroughfare running through Charlotte. Over 35,000 VPD
- INVESTMENT GRADE CREDIT : The Lease is Corporately Guaranteed by O’Reilly Auto Parts which holds an Investment Grade BBB by Standard and Poor’s
- RENTAL INCREASES: The lease allows for a 6% increase in year 11 and 6% in subsequent option periods.
- AREA TENANCY: Located next to Whitehall Commons which tenants include, Publix, Lowes, Walmart, Panera Bread, Chick-Fil-A, McDonalds, Etc.
PROPERTY FACTS
Property Type
Building Size
7,440 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.58 AC
Zoning
Commercial - Commercial
Parking
32 Spaces (4.3 Spaces per 1,000 SF Leased)
Frontage
264’ on South Tryon Street
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 201-371-48 | Improvements Assessment | $1,079,300 |
| Land Assessment | $1,233,300 | Total Assessment | $2,312,600 |
PROPERTY TAXES
Parcel Number
201-371-48
Land Assessment
$1,233,300
Improvements Assessment
$1,079,300
Total Assessment
$2,312,600
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