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O'REILLY AUTO PARTS 6002 N 35th Ave

7,000 SF Retail Building Phoenix, AZ 85017 £2,138,352 (£305/SF) 5.35% Net Initial Yield

Investment Highlights

  • O’Reilly recently extended their lease to a brand new 10-year term
  • Ranked top 7% of all O’Reilly Auto Stores according to Placer. Ai
  • Strategically located in front of a Walmart anchored power center
  • RARE Absolute NNN lease with zero landlord responsibilities
  • Hard signalized intersection of 35th Ave & Bethany Home Rd which see more than 58,900 vehicles daily
  • ±216,436 residents within a 3-mile radius

Executive Summary

Simon Assaf
License No. CO701910000 (AZ)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
7,000 SF
Building Class
C
Year Built
2002
Price
£2,138,352
Price Per SF
£305
Net Initial Yield
5.35%
NOI
£114,402
Tenancy
Single
Number of Floors
1
Building FAR
0.27
Land Acres
0.60 AC
Zoning
C-C - Commercial
Parking
27 Spaces (3.86 Spaces per 1,000 SF Leased)
Frontage
122 ft on N 35th Ave

Amenities

  • Corner Lot
  • Signalised Intersection
  • Drive Thru
  • Wheelchair Accessible
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
152-08-087C
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£104,679
  • Listing ID: 33909946

  • Date on Market: 18/11/2024

  • Last Updated:

  • Address: 6002 N 35th Ave, Phoenix, AZ 85017

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