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Freestanding Retail | O'Reilly Auto Parts 7933 Watt Ave 7,009 SF Retail Building Antelope, CA 95843 $2,650,000 ($378.09/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Long Term National Credit Tenant
- Shadow-Anchored by a Walmart Superstore Center
- Corporate Guarantee
- Excellent Visibility
EXECUTIVE SUMMARY
This is an excellent opportunity for Investors to acquire a property with a nationally known credit tenant on an NNN lease. This specific O’Reilly Auto Parts has been at this location since 2002 and recently signed an extension through 2028 with renewal options available. The lease has rental increases every five years, enabling the Owner / Lessor to benefit from increased and predictable cash flow.
PROPERTY FACTS
AMENITIES
- Corner Lot
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
O’Reilly Automotive is a publicly traded automotive aftermarket parts retailer headquartered in Springfield, Missouri. Founded on December 2, 1957, by Charles F. O’Reilly and Charles H. “Chub” O’Reilly, the company began as a single store and has grown into one of the largest specialty retailers in its sector. O’Reilly serves both professional service providers and do-it-yourself customers through a dual-market strategy, offering parts, tools, and related services. The company operates more than 6,400 stores across the United States, Puerto Rico, Mexico, and Canada. O’Reilly Automotive trades on the NASDAQ under the ticker symbol ORLY and employs over 93,000 team members. Its growth has been driven by strategic acquisitions and a robust distribution network designed to ensure product availability and timely delivery.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 203-2070-001 | Improvements Assessment | $2,335,800 |
| Land Assessment | $877,200 | Total Assessment | $3,213,000 |
PROPERTY TAXES
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Freestanding Retail | O'Reilly Auto Parts | 7933 Watt Ave
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