O'Reilly Auto Parts - Net Lease Property for Sale
South Bend, IN
Key Investment Metrics
Price
$990,000
Cap Rate
6.0%
Net Operating Income
$59,400
Building Size
6480 SF
Lot Size
6,480 SF
Land Area
0.96 Acres
Remaining Term
9 years
Lease Expiration
06/30/2035
Lease Term
28 years
Lease Commencement
07/01/2007
Lease Type
NN+
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
1995
Occupancy
100%
Tenancy
Single
Rent Increases
Yes
About This O'Reilly Auto Parts Net Lease Property
This O'Reilly Auto Parts NNN (triple net lease) property is located in South Bend, IN and represents an excellent investment opportunity for commercial real estate investors. The property features 6480 square feet of building space and was built in 1995.
With a cap rate of 6.0%, this O'Reilly Auto Parts net lease property offers stable income potential. The asking price is $990,000, making it an attractive option for 1031 exchange investors seeking quality O'Reilly Auto Parts commercial properties.
Why Invest in O'Reilly Auto Parts NNN Properties?
- Stable Income: O'Reilly Auto Parts net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: O'Reilly Auto Parts is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
South Bend, IN Market Overview
Located in South Bend, IN, this O'Reilly Auto Parts property benefits from strong local demographics and market fundamentals. The South Bend area offers excellent visibility and accessibility, making it an ideal location for O'Reilly Auto Parts operations and a solid investment for net lease property buyers.