NN O'Reilly Auto Parts | 9 Years Remain | Corporate Guarantee

Retail-Commercial for Sale
Catylist Listing ID: 30462297
Property Subtypes: Vehicle Related
Building Size (RSF): 10,396 SF
Gross Land Area: 0.88 Acres
Sale Price: $1,042,800
Unit Price: $100.31 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Last Updated: 12/12/2019

Overview / Comments

Marcus & Millichap is pleased to exclusively offer for sale a NN O’Reilly Auto Parts in Roswell, NM. The 10,396 SF subject property’s lease remains through June 2028 with four five (5) year extension options. Well-positioned along South Main Street and West McGaffey, the subject property is located within a dense retail corridor benefiting from its proximity to major national and local concepts, and is also adjacent to a pending redevelopment. O’Reilly Auto Parts’ commitment to this site is a direct result of the store’s history of success at this location in Roswell, where it has remained since January 1993.

O’Reilly Auto Parts is backed by a strong, corporate guarantee allowing an investor the opportunity to acquire a long-term, investment grade tenant with minimal landlord responsibility.

Attachments & Media

Additional Details

Nearest MSA: Roswell
County: Chaves
Tax ID/APN: 4135063526039000000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,586 37,610 52,048
Median Age: 32.02 33.37 35.13
Households: 4,862 13,803 19,174

Contact

Photograph of Listing Agent

Matthew Reeves

Marcus & Millichap CARNM CIE Member
Photograph of Listing Agent

Michael W Reneau

Marcus & Millichap CARNM CIE Member
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