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O'Reilly Auto Parts 303 White St 10,871 SF Retail Building Danbury, CT 06810 $2,912,506 CAD ($267.92 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Investment Grade Tenant
- Below Market Rents
- Recent Capital Improvements
- Superior Demographics
- Minimal Landlord Responsibilities
- Retail Corridor
EXECUTIVE SUMMARY
Northmarq on behalf of ownership, is pleased to offer for sale to qualified investors the Fee Simple interest in this O’Reilly Auto Parts property located at 303 White Street, Danbury, CT 06810 (the “Property”). There are approximately ± 9.5 years remaining on O’Reilly’s NN Lease with Landlord responsibilities being limited to the Roof, Structure, Parking & Sidewalks.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,871 SF
Building Class
B
Year Built/Renovated
2001/2022
Price
$2,912,506 CAD
Price Per SF
$267.92 CAD
Cap Rate
6%
NOI
$174,750 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.49 AC
Zoning
CG20 - General Commercial
Parking
60 Spaces (5.52 Spaces per 1,000 SF Leased)
Frontage
247’ on White Street
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- O'Reilly Auto Parts
- Retailer
- 10,112 SF
- $17.28 CAD
- Double Net
- Aug 2034
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| O'Reilly Auto Parts | Retailer | 10,112 SF | $17.28 CAD | Double Net | Aug 2034 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | DANB-000013K-000000-000114 | Improvements Assessment | $2,155,091 CAD |
| Land Assessment | $2,006,370 CAD | Total Assessment | $4,161,461 CAD |
PROPERTY TAXES
Parcel Number
DANB-000013K-000000-000114
Land Assessment
$2,006,370 CAD
Improvements Assessment
$2,155,091 CAD
Total Assessment
$4,161,461 CAD
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O'Reilly Auto Parts | 303 White St
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