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O'Reilly Auto Parts 1200 Lee st

7,225 SF Retail Building Fort Gibson, OK 74434 £1,352,892 (£187/SF) 6.30% Net Initial Yield

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Investment Highlights

O’Reilly Auto Parts opened this store in Fort Gibson, OK marking it as their 6,000th location across the United States
Zero Direct Competition: O’Reilly Auto Parts is the only auto parts retailer in the town of Fort Gibson, OK.
sits along South Lee St which is the busiest road in Fort Gibson. Other retailers nearby include McDonald’s, Sonic & Philips 66.

Built-to-Suit: Features a brand new 15-year lease with 6% rental increases at year 11 and in each of the 5 option periods.
less than ¼ mile off U.S. Highway 62 which plays a critical role is the transportation to Muskogee, OK and the Tulsa, Ok Metropolitan area.
With over 49,000 residents within a 10-mile radius and an average household income of $60,000, Fort Gibson fits the “do it yourself” customer base

Executive Summary

Kyle Matthews
License No. 180759 (OK)
(866) 889-0550
Matthews Real Estate Investment Services
1600 West End,
Ste. 1500 Nashville, TN 37203

OReilly-Auto-Parts-Fort-Gibson-OK-OM-2

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

7,225 SF

Year Built

2020

Price

£1,352,892

Price Per SF

£187

Net Initial Yield

6.30%

NOI

£85,232

Tenancy

Single

Number of Floors

Building FAR

0.16

Land Acres

1.02 AC

Zoning

C - Commercial

Parking

32 Spaces

Frontage

119 ft on South Lee Street

MAJOR TENANTS

O'Reilly
Retailer
-
-
-

Tenant	Industry	SF OCCUPIED	RENT/SF			Lease End
O'Reilly	Retailer	-	-			-

PROPERTY TAXES

Parcel Number	0000-12-15N-19E-4-015-54	Improvements Assessment	£0
Land Assessment	£27,635	Total Assessment	£27,635

PROPERTY TAXES

Parcel Number

0000-12-15N-19E-4-015-54

Land Assessment

£27,635

Improvements Assessment

£0

Total Assessment

£27,635

Listing ID: 33210403
Date on Market: 17/09/2024
Last Updated:
Address: 1200 Lee st, Fort Gibson, OK 74434

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