O'REILLY AUTO PARTS | 6305 U.S. 17-92 N hwy
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O'REILLY AUTO PARTS 6305 U.S. 17-92 N hwy
7,453 SF 100% Leased Retail Building Davenport, FL 33896 £2,635,292 (£354/SF) 5.65% Net Initial Yield
Investment Highlights
- Brand new 2023 premium construction for O’Reilly Auto Parts (no metal sides)
- NNN lease with minimal Landlord responsibilities
- Attractive lease structure with 6% increases starting in year 11
- ±14.5 years remaining on an initial 15-Year lease
- 20-Year transferable roof warranty
- Four, 5-Year renewal options, all of which include an attractive 6% rental increase
Executive Summary
Broker of Record
Kyle Matthews
License No. CQ1066435 (FL)
Kyle Matthews
License No. CQ1066435 (FL)
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
7,453 SF
Year Built
2023
Price
£2,635,292
Price Per SF
£354
Net Initial Yield
5.65%
NOI
£148,901
Percent Leased
100%
Number of Floors
1
Building FAR
0.12
Land Acres
1.49 AC
Zoning
C - Commercial
PROPERTY TAXES
| Parcel Number | 27-26-12-703508-000070 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £204,620 |
PROPERTY TAXES
Parcel Number
27-26-12-703508-000070
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£204,620
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Josh Bishop -
Chad Kurz -
Matthews Real Estate Investment Services
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O'REILLY AUTO PARTS | 6305 U.S. 17-92 N hwy
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