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O’Reilly Auto Parts | NN Lease

$2,319,157

2775 West Main Street, Snellville, GA 30078

Active
Last Updated: 07/20/2021

5.45

Cap Rate

7,629 sqft

Building Size

Details:
Cap Rate:    5.45%
Building Size:    7,629 sqft
Lease Type:    Double Net
Year Built:    2019
Roof:    Lessor's Responsibility
HVAC:    Tenant’s Responsibility
Description:

• New Construction Freestanding O’Reilly Auto Parts
• 15 Year Corporate Backed Lease
• 6% Rental Increase in Year 11
• High Traffic Location with +50,000 VPD
• Upgraded Masonry Construction
• Highly Passive Lease Structure with New Building Warranties
• Located on Major Retail Corridor at Traffic Light
• Snellville is High Growth Northeastern Suburb of Atlanta
• Concrete Parking Lot
• +50,000 Residents within 3 miles
• Lower Rent PSF
• Average Household Income Exceeds $90,000 within 3 miles
• 2% Annual Income Growth Rate within 3 miles
• Universally Applicable Building Type for future use if needed
• Located at the Entrance of Eastside Medical
• Excellent Visibility and Access from Highway 78
• Close Proximity to Atlanta
• The Site is Surrounded by Major Employers of Snellville
• 4/5 Year Renewal Options with Rental Increases

Map:
Documents:
Title
Offering Memorandum
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Location
Gallery