O'Reilly Auto Parts
$2,102,000
6391 Park Boulevard, Pinellas Park, FL 33781
5.75
Cap Rate
7,225 sqft
Building Size
Details:
Description:
INVESTMENT HIGHLIGHTS
● 9 Years Remaining on the Base Term with 4, 5-Year Options
● Very Strong Corporate Guarantee
● Rents Are Right In-Line with Industry Standard
● Minimal Landlord Responsibilities
● Well Designed Ingress and Egress Points
LOCATION HIGHLIGHTS
● Tax Free State: Florida is an Income Tax-Free State
● Increasing Population: Pinellas County is One of the Most Populous Cities in Florida
● Incredible Retail Synergy: Surrounded by Other Tenants Such as Walmart, Lowe’s, Aldi, and Sam’s Club
● Thriving Market: Sitting Between Tampa and St. Petersburg, this Market Offers Affordability, With the Benefits of Two Major Population Hubs
● Excellent Frontage: 54,500+ Vehicles Pass this Property Daily
TENANT HIGHLIGHTS
● O’Reilly Auto Parts is Publicly Traded | NYSE: ORLY | Market Cap: $80 Billion
● Credit Rated Tenant | S&P Global: BBB | Moody’s: Baa1
● Long Operating History (67 Years) | Over 6,000 Locations
Documents:
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Offering Memorandum
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Location
Gallery
