O'Reilly Auto Parts for Sale in Black Mountain, NC
Black Mountain, NC
Key Investment Metrics
Price
$905,000
Cap Rate
6.8%
Net Operating Income
$61,056
Building Size
6349 SF
Land Area
1.08 Acres
Remaining Term
3.6 years
Lease Expiration
02/19/2030
Lease Type
NN+
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
N/A
Occupancy
100%
Tenancy
Single
Rent Increases
6.00% Every 5 Years
Property overview
O'Reilly Auto Parts in Black Mountain
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 6,349 SF
- Land area
- 1.08 acres
- Lease type
- NN+
- Lease expiration
- 02/19/2030
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.