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O'Reilly Auto Parts 3470 Keith Bridge Road rd

7,385 SF 100% Leased Retail Building Cumming, GA 30041 £1,492,186 (£202/SF) 5.35% Net Initial Yield

Investment Highlights

  • A corporate, single-tenant O’Reilly Auto Parts store located northeast of downtown Atlanta
  • Defendable in-place rent of $13.80/SF
  • The subject property is an outparcel to the Lanier Commons Shopping Center, which is anchored by Publix
  • O’Reilly currently has ~12 years remaining in the primary term, and has four 5-year extension options
  • An investor benefits from an upcoming rental increase in February 2027, as well as at the start of each option
  • According to Placer.ai, the subject property ranks in the 92nd percentile nationwide, and in the 96th percentile within the state of Georgia

Executive Summary

Top performing O'Reilly Auto Parts store with ~12 years remaining on the primary lease term, and a 6% rent increase in February 2027. Newly constructed in 2016, this corporate O’Reilly is prominently located within a Publix anchored shopping center and is easily accessible from U.S. Route 19, which connects Cumming to Atlanta.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
7,385 SF
Year Built
2016
Price
£1,492,186
Price Per SF
£202
Net Initial Yield
5.35%
NOI
£79,821
Percent Leased
100%
Number of Floors
1
Building FAR
0.19
Lot Size
0.88 AC

Nearby Major Retailers

United Community Bank
WNB Factory
Regions Bank
Publix
Anytime Fitness
Sunbelt Rentals
Ingles
Truist
Bank OZK
Waffle House
  • Listing ID: 34192717

  • Date on Market: 13/12/2024

  • Last Updated:

  • Address: 3470 Keith Bridge Road rd, Cumming, GA 30041

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