O'Reilly Auto Parts


Property ID #: 18271
Tenant Name: O'Reilly Auto Parts
Street Address:
City: Taylor
State: MI
Zip: 48180

COMPANY DESCRIPTION

O’Reilly Automotive, Inc. is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, serving both professional service providers and do-it-yourself customers. Founded in 1957 by the O’Reilly family, the Company operated 4,366 stores in 43 states as of December 31, 2014. O’Reilly’s initial public stock offering in April 1993 was well received by investors as a welcome addition publicly traded companies in the automotive aftermarket industry. This success has continued to date and has grown through the opening of new stores, as well as through numerous mergers and acquisitions. Throughout this time the underlying spirit and philosophy of O’Reilly Automotive, Inc., has been one of growth and progress, both for the company and its team members. This remains the policy to which the company is dedicated today.

Sector: Automotive

FINANCIAL PROFILE

Price: $2,620,000
NOI:
Cap Rate: 6.50
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): BBB

LEASE ABSTRACT

Lease Type: NNN
Years Remaining: 4.6
Initial Term Increases: In Options
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
Renewal Options: Three 5-Year Options with 10% Increases
Option Increases:
Rent Holidays:

PROPERTY OVERVIEW

Type of Ownership:
Year Built: 2007
Year Remodeled :
Tenancy :
Gross Leasable Area (GLA):
Building Size (SFT) : 8
Lot AC :

DEMOGRAPHICS

Population
1-Mile:
3-Mile:
5-Mile:
Average Household Income
1-Mile: 0.00
3-Mile: 0.00
5-Mile: 0.00

INFORMATION REQUEST

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