O’Reilly Auto Parts | NN+ Lease

70 E Main Street, Booneville, AR

$307,440

Price

6.25%

Cap Rate

$19,215

NOI

Overview
Cap Rate
6.25%
NOI
$19,215
Building Size
7,252 sqft
Lot Area
0.24 acres
Lease Type
Double Net
Year Built
1972
Price Per Sqft
$42.39
Roof & Structure
Landlord’s Responsibility
HVAC
Tenant’s Responsibility
Repairs & Maintenance
Tenant’s Responsibility
Description

Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,252 SF O’Reilly Auto Parts Located at 70 E Main Street in Booneville, AR. This Opportunity Includes a Strong Corporately Guaranteed Lease With an Extremely Low Rent, Providing For a Secure Investment.

In Cooperation With Sands Investment Group Arkansas, LLC – Lic. # PB00085157

Highlights
  • Rare Low Price Point National Credit Investment Opportunity
  • Strong Corporately Guaranteed Lease – (O’Reilly Automotive, Inc. – BBB+ Credit Rating)
  • Extremely Low Rent
  • Fixed Rent Increase in 2021 During Initial Term
  • Hard Corner Location With Signalized Intersection
  • Over 6 Years Remaining on Primary Lease Term With 4 x 5 Year Options
  • Proven Location – Over 18 Year Operating History at This Site – Showing Commitment to Property Site
  • Traffic Counts Exceeding Over 11,200 Vehicles Per Day Along E Main Street
  • Average Household Income is Over $54,105 Within a 5-Mile Radius of the Property
  • Nearby Tenants Include: Ace Hardware, McDonald’s, Citgo, Taco Bell, Dollar General, Kentucky Fried Chicken, Subway, Sonic, Walmart and More
Documents

Location
Gallery