9917B Spanish Fort Blvd
Spanish Fort, AL 36527
O'Reilly Auto Parts: Spanish Fort, AL · Retail Property For Sale

Investment Overview The CBRE Net Lease Property Group is pleased to exclusively offer a 7,200-square-foot freestanding O’Reilly Auto Parts situated on 0.67 acres in Spanish Fort, Alabama. Spanish Fort is an upscale Mobile suburb and is a component of the Daphne-Fairhope-Foley MSA (Population: 212,628). Spanish Fort is a progressive, vibrant community located on the eastern shore of Mobile Bay and boasts a central location that facilitates both convenient access the immediate region and strong economic growth. O’Reilly Auto Parts’ new 20-year net lease commenced in August 2018 and features 5% rent increases in year 11 and in each of the four 5-year renewal options. The property is ideally located with excellent frontage and visibility on Spanish Fort Boulevard (Traffic Count: 16,050 VPD), just north of I-10 (Traffic Count: 61,100 VPD) which provides direct access to Downtown Mobile (14 miles to the west). O’Reilly is located immediately adjacent to CVS and A&B Mini Storage and across Spanish Fort Boulevard from Walgreens. The site benefits from its location within the area’s primary retail and commercial corridor which is highlighted by the 560,350-square-foot Eastern Shore Centre (Anchors: Belk, Dillard’s, Barnes & Noble, Bed Bath and Beyond, Premier Cinemas) and a total of 1.9 MSF of retail and 790 multifamily units within a 3-mile radius. Other retailers with a presence in the immediate vicinity include Sam’s Club, Lowe’s Home Improvement, PetSmart, Michaels, Best Buy, Ashley HomeStore, Ross Dress for Less, Publix, Mattress Firm, Advance Auto Parts, Goodyear, Goodwill, American Eagle, William Sonoma, Hibbett Sports, Dollar Tree, Old Navy, Party City, Cracker Barrel and Olive Garden, among many others. Additionally, the property benefits from upscale demographics with a population of 15,433 and an average household income of $94,399 within a 3-mile radius.