O'Reilly | Coal City, IL 60416
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- LoopNet Team
O'Reilly
Coal City, IL 60416
Long Term Lease- Investment Grade · Retail Property For Sale
Investment Highlights
- Newer Long Term Corp Lease (13+ Yrs.) by O’Reilly Auto Parts (NASDAQ: ORLY) – Market CAP $59B+
- Attractive 6% Rent Bumps Every 5 Yrs. Starting Yr. 11 - Minimal LL Duties - Includes Roof Warranty
- Best in Class National Brand - Strong Lease Guarantee - Pride of Ownership 2022 Bldg. - Depreciable
- One of Largest Specialty Retailers of Automotive Parts/Accessories in U.S. – 6,131+ Stores Worldwide
- Excellent Visibility along Hwy 113 - Main Retail Corridor thru City - Near Coal City High School
- Small Price Point for Long Term STNL - Investment Grade Credit (S&P: BBB) - Minimal LL Duties
Property Facts
Property Type
Retail
Property Subtype
Building Size
7,225 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.94 AC
Zoning
C-3 - Community Commercial
Parking
37 Spaces (5.12 Spaces per 1,000 SF Leased)
Frontage
150’ on East Division Street
Property Taxes
| Parcel Number | 06-35-483-001 | Improvements Assessment | $255,296 |
| Land Assessment | $14,196 | Total Assessment | $269,492 |
Property Taxes
Parcel Number
06-35-483-001
Land Assessment
$14,196
Improvements Assessment
$255,296
Total Assessment
$269,492
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