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O'Reilly Auto Parts 9870 Two Notch Rd

7,225 SF Retail Building Columbia, SC 29223 £1,652,908 (£229/SF) 6% Net Initial Yield

Investment Highlights

  • Excellent Trade Area located on a main retail corridor with Walmart, Target, Kroger, and more.
  • Located 15 minutes from Fort Jackson with 12,000 military families.
  • Great visibility from Two Notch Rd. with Traffic Counts of 35,248 VPD

Executive Summary

Modified triple net lease (Minimal Landlord Responsibilities)
20-Year, Lease
2017 construction
4 (5-year) options to extend
6% rent escalations in 2027 & 2032, providing Inflation Protection
Lease is Corporately Guaranteed by O'Reilly Auto Parts and Equipment Company

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,225 SF
Building Class
B
Year Built
2017
Price
£1,652,908
Price Per SF
£229
Net Initial Yield
6%
NOI
£99,182
Tenancy
Single
Number of Floors
1
Building FAR
0.20
Land Acres
0.85 AC
Parking
16 Spaces (2.21 Spaces per 1,000 SF Leased)
Frontage
102 ft on Two Notch Rd

Amenities

  • Air Conditioning

Nearby Major Retailers

Bank of America
TD Bank
Cook Out
Planet Fitness
Applebee's
Woodforest National Bank
Famous Toastery
Publix
Kroger
First Horizon Bank
  • Listing ID: 29634151

  • Date on Market: 27/09/2023

  • Last Updated:

  • Address: 9870 Two Notch Rd, Columbia, SC 29223

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