O'Reilly Auto Parts - Net Lease Property for Sale
Temple Terrace, FL
Key Investment Metrics
Price
$2,767,000
Cap Rate
5.3%
Net Operating Income
$145,270
Building Size
7240 SF
Lot Size
7,240 SF
Land Area
0.77 Acres
Remaining Term
10.1 years
Lease Expiration
01/31/2036
Lease Term
16.5 years
Lease Commencement
07/26/2019
Lease Type
NN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2021
Occupancy
100%
Tenancy
Single
Rent Increases
6% in Year 11
About This O'Reilly Auto Parts Net Lease Property
This O'Reilly Auto Parts NNN (triple net lease) property is located in Temple Terrace, FL and represents an excellent investment opportunity for commercial real estate investors. The property features 7240 square feet of building space and was built in 2021.
With a cap rate of 5.3%, this O'Reilly Auto Parts net lease property offers stable income potential. The asking price is $2,767,000, 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.
Temple Terrace, FL Market Overview
Located in Temple Terrace, FL, this O'Reilly Auto Parts property benefits from strong local demographics and market fundamentals. The Temple Terrace 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.