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1915 Mount Zion Rd
Morrow, GA 30260
O'Reilly Auto Parts: Morrow, GA · Retail Property For Sale
Investment Highlights
- Long-term NN lease with a nationally recognized, investment-grade automotive tenant.
- Integrated into a 400,000+ SF regional retail hub with strong anchor tenants and national brands.
- Proximity to Hartsfield-Jackson Atlanta International Airport, serving over 106 million passengers annually.
- Situated along a high-traffic corridor with immediate access to Interstate 75 (156,000 VPD).
- Supported by dense residential population and significant multifamily development within 1-mile.
- Located in a proven retail node backed by $117 million in recent regional redevelopment projects.
Executive Summary
Positioned within the dynamic Atlanta MSA, this single-tenant O’Reilly Auto Parts property presents an attractive net lease investment opportunity. Located in the established Mt. Zion retail corridor, the asset offers approximately 7.2 years of remaining lease term under a NN structure with scheduled rent increases, including a 7% increase in 2028 and at each five-year renewal option. Backed by O’Reilly Automotive, a Fortune 500 company operating more than 6,600 locations, the investment is supported by a tenant with strong performance metrics and proven resilience in the automotive aftermarket industry.
The property is part of the 400,000+ SF Shoppes at Morrow Station, a high-traffic retail hub serving South Atlanta. Surrounding co-tenancy includes national brands such as Ross Dress for Less, Lowe’s Outlet, Harbor Freight Tools, and LA Fitness, ensuring sustained consumer demand. Exceptional connectivity via Interstate 75 and Mt. Zion Road, with traffic counts exceeding 180,000 vehicles per day, enhances visibility and accessibility.
Within a 3-mile radius, the area encompasses 11,688 multifamily units and robust commercial inventory, signifying healthy consumer demographics and growth. The location benefits from proximity to Hartsfield-Jackson Atlanta International Airport and ongoing institutional investment in retail and multifamily projects. This offering aligns with investors seeking long-term income stability and a strategic position in a dynamic retail trade corridor.
The property is part of the 400,000+ SF Shoppes at Morrow Station, a high-traffic retail hub serving South Atlanta. Surrounding co-tenancy includes national brands such as Ross Dress for Less, Lowe’s Outlet, Harbor Freight Tools, and LA Fitness, ensuring sustained consumer demand. Exceptional connectivity via Interstate 75 and Mt. Zion Road, with traffic counts exceeding 180,000 vehicles per day, enhances visibility and accessibility.
Within a 3-mile radius, the area encompasses 11,688 multifamily units and robust commercial inventory, signifying healthy consumer demographics and growth. The location benefits from proximity to Hartsfield-Jackson Atlanta International Airport and ongoing institutional investment in retail and multifamily projects. This offering aligns with investors seeking long-term income stability and a strategic position in a dynamic retail trade corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
26,830 SF
Building Class
B
Year Built
1997
Price
$3,589,432 CAD
Price Per SF
$133.78 CAD
Cap Rate
6.25%
NOI
$224,340 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
2.57 AC
Zoning
GB
Frontage
288’ on Mount Zion Rd
Property Taxes
| Parcel Number | 12-0083A-00A-007 | Improvements Assessment | $1,481,054 CAD |
| Land Assessment | $560,514 CAD | Total Assessment | $2,041,568 CAD |
Property Taxes
Parcel Number
12-0083A-00A-007
Land Assessment
$560,514 CAD
Improvements Assessment
$1,481,054 CAD
Total Assessment
$2,041,568 CAD
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