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Net Leased O'Reilly Auto Parts 3079 Bailey Ave

9,200 SF Retail Building Buffalo, NY 14215 £1,079,781 (£117/SF) 6% Net Initial Yield

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Investment Highlights

Net Long Term Net Lease
Corporate Guarantee - (NASDAQ: ORLY)
Desirable Demographics - 406,560+ Residents within a 5-Mile Radius

Minimal Landlord Obligations
Brand New Roof and Parking Lot
Ample Parking and Excellent Ingress/Egress Points

Executive Summary

The Kase Group is pleased to present the opportunity to purchase a O'Reilly Auto Parts location in Buffalo, New York. The building consists of 9,200 SF and just underwent new construction and designing in compliance to the tenants prototype. The property is subject to a corporate NN lease with minimal landlord obligations and four, 5-year options to renew with 8% increases every 5 years. This O'Reilly Auto Parts is located at a hard corner with exposure to 21,515 vehicles per day along major east-west highway US- 62 and borders various retailers including Family Dollar, 7-Eleven, Tim Hortons, ALDI, Rent-A-Center, DaVita, M&T Bank, Boost Mobile and more.
In Association with Scott Reid & ParaSell, Inc. | P: 949.942.6578 | A Licensed New York Broker #10991231395

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Freestanding

Building Size

9,200 SF

Building Class

Year Built

1956

Price

£1,079,781

Price Per SF

£117

Net Initial Yield

NOI

£64,787

Tenancy

Single

Number of Floors

Building FAR

0.25

Lot Size

0.83 AC

Zoning

N-C3

Parking

35 Spaces (3.8 Spaces per 1,000 SF Leased)

Frontage

99 ft on Bailey Ave

Amenities

Bus Route

Security System

Signage

1 of 1

aerial
map
traffic

3079 Bailey Ave, Buffalo, NY - aerial map view - Image1

3079 Bailey Ave, Buffalo, NY - aerial map view - Image2

3079 Bailey Ave, Buffalo, NY - aerial map view - Image3

Walk Score ®

Very Walkable (81)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	Multiple 140200-090-330-0001-028-000 140200-090-330-0001-027-000	Improvements Assessment	£421,115
Land Assessment	£28,403	Total Assessment	£449,518