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Freestanding Retail | O'Reilly Auto Parts 7933 Watt Ave
7,009 SF Retail Building Antelope, CA 95843 £2,485,350 (£355/SF) 4.18% Net Initial Yield
Investment Highlights
- Long Term National Credit Tenant
- Shadow-Anchored by a Walmart Superstore Center
- Corporate Guarantee
- Excellent Visibility
Executive Summary
This is an excellent opportunity for Investors to acquire a property with a nationally known credit tenant on an NNN lease. This specific O’Reilly Auto Parts has been at this location since 2002 and recently signed an extension through 2028 with renewal options available. The lease has rental increases every five years, enabling the Owner / Lessor to benefit from increased and predictable cash flow.
Property Facts
Amenities
- Corner Lot
- Signage
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Retailer
- 99,999 SF
- $9.99
- Lorem Ipsum
- Jan 0000
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 Type | Lease End | |
Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
Parcel Number | 203-2070-001 | Improvements Assessment | £840,242 |
Land Assessment | £300,282 | Total Assessment | £1,140,524 |
PROPERTY TAXES
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Freestanding Retail | O'Reilly Auto Parts | 7933 Watt Ave
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