O'Reilly Auto Parts 6391 Park Blvd N 7,225 SF Retail Building Pinellas Park, FL 33781 £1,583,647 (£219.19/SF) 5.75% Net Initial Yield
INVESTMENT HIGHLIGHTS
- 9 Years Remaining on the Base Term with 4, 5-Year Options
- Rents Are Right In-Line with Industry Standard
- Well Designed Ingress and Egress Points
- Very Strong Corporate Guarantee
- Minimal Landlord Responsibilities
- Tax Free State: Florida is an Income Tax-Free State
EXECUTIVE SUMMARY
Broker of Record
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,225 SF
Building Class
C
Year Built
2014
Price
£1,583,647
Price Per SF
£219.19
Net Initial Yield
5.75%
NOI
£91,060
Tenancy
Single
Number of Floors
1
Building FAR
0.21
Lot Size
0.78 AC
Parking
35 Spaces (4.84 Spaces per 1,000 SF Leased)
Frontage
224 ft on Park Blvd
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- -
O'Reilly Automotive intends to be the dominant supplier of auto parts in their market areas by offering their retail customers, professional installers, and jobbers the best combination of price and quality provided with the highest possible service level. In order to accomplish this mission, O'Reilly will provide a benefit and compensation plan that will attract and keep the kind of people that will enable the Company to reach its goals of growth and success.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | - |
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 28-30-16-71064-073-0090 | Improvements Assessment | £634,068 |
| Land Assessment | £379,255 | Total Assessment | £1,013,323 |
