NNN Freestanding Retail | O'Reilly Auto Parts

$2,650,000

7933 Watt Avenue, Antelope, CA 95843

For Sale

Retail Free Standing

Active

Last Updated: 02/28/2025

Details:

Cap Rate: 5%

NOI: $131,713

Pro Forma Cap Rate : 5.4%

Building Size: 7,009 sqft

Lot Area: 43,037 sqft

Occupancy: 100%

Lease Type: Triple Net

Year Built: 2003

Zoning: SC

Tenancy: Single

Parking Spots: 20

Gross Leaseable Area: 7,009

Investment Strategy: Core Plus

Lease Expire Year: 03/31/2028

Offered by

Megan Husri

Partner

SWH | RE Group

#02089901

Request Info to Unlock

Highlights:

Shadow-Anchored by a Walmart Superstore Center
Long Term National Credit Tenant
Corporate Guarantee
Excellent Visibility

Description:

7933 Watt Avenue is a one-story, single-tenant freestanding retail asset with 265 Feet of frontage along Elverta Road. It’s currently leased to O’Reilly Auto Parts. The building, constructed in 2003, is 7,009 SF and is situated in a Walmart Superstore Center with ample parking and easy customer access.
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.