O'Reilly Auto Parts | 7.43 % CAP | Absolute NNN Lease

Retail-Commercial for Sale
Catylist Listing ID: 30163432
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail, Vehicle Related
Building Size (RSF): 10,000 SF
Gross Building Area: See Agent
Sale Price: See Agent
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: O'Reilly Auto Parts
Sale Terms: Cash to Seller
Cap Rate: 7.43%
Last Updated: 9/25/2017

Overview / Comments

O'Reilly Auto Parts | 7.43 % CAP | Absolute NNN Lease

* Outstanding Frontage, Visibility, & Accessibility Site.
* Close proximity to full Interchanges Interstates I-57 (112,100 VPD) & I-294 (87,400 VPD) which makes for easy access to and from the site.
* Over 294,426 People Living Within 5 Mile Radius.
* Average Annual Household Income in Excess of $64,659 Within 5 Mile Radius.
* Excellent retail synergy from other National Retailers include Dollar General, Aldi, McDonald’s, & Family Dollar to name a few.
* Ample Residential Rooftops Surround the Site.
* Absolute NNN Lease w/ Scheduled Rental Escalation’s in Both Initial Term & Options.
* Zero Landlord Responsibilities.
* Strong Corporate Guarantee.
* Investment Grade Credit, Rated BBB+ by S&P.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Cook
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Visibility: Excellent
Largest Nearby Street: 147th St & S Dixie Highway
Highway Access: Close proximity to full Interchanges Interstates I-57 (112,100 VPD) & I-294 (87,400 VPD) which makes for easy access to and from the site.
Tenancy: Single Tenant

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,192 116,867 341,914
Median Age: 32.38 33.31 36.08
Households: 4,511 38,944 120,678

Contact

Photograph of Listing Agent

George Spirrison, CCIM

Adelphia Properties
ICEx Member
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