Spring Hill, FL - O'Reilly Auto Parts

Description:

• The tenant has 11 years remaining on their lease with 3 (5-year) options to extend
• The lease features a 6% rental increase in February 2026 and at the beginning of each option period
• O’Reilly Automotive, Inc. was founded in 1957 by the O’Reilly family and is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States

• The asset is located off the signalized, hard corner intersection of Mariner Blvd and Northcliffe Blvd averaging a combined 55,000 VPD
• The site is in an infill trade area with several residential neighborhoods, providing a consumer base from which to draw
• Next to Mariner Commons, a Publix-anchored shopping center that features other national tenants such as Walgreens, McDonald’s, and more
• Pulte Group paid $13.35M for half of the 430-acres off Suncoast Parkway to begin work on a brand new community in Spring Hill; Pulte sees room for up to 696 home sites on the property. The community will be Del Webb River Reserve (click HERE for more information)
• The asset has excellent visibility and multiple points of ingress/egress