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O’Reilly Auto Parts 3030 W Lincoln Way 6,480 SF Retail Building South Bend, IN 46628 $1,344,420 CAD ($207.47 CAD/SF) 6% Cap Rate
Investment Highlights
- Tenant recently executed a lease extension through June 2035, with three additional five-year renewal options
- Strong local population of 134,977 residents within a five-mile radius.
- Strong retail synergy with surrounding national tenants including McDonald’s, Taco Bell, Wendy’s, Arby’s and more
- Close proximity to the University of Notre Dame and South Bend International Airport
- Healthy average household income of $83,531 within a five-mile radius
- Tenant is responsible for CAM, real estate taxes, insurance, HVAC, and parking lot maintenance
Executive Summary
Kyle Matthews
License # RC52200195, RB17001213 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # RC52200195, RB17001213 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,480 SF
Building Class
C
Year Built/Renovated
1995/2007
Price
$1,344,420 CAD
Price Per SF
$207.47 CAD
Cap Rate
6%
NOI
$80,665 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.96 AC
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 71-08-03-102-003.000-026 | Improvements Assessment | $302,019 CAD |
| Land Assessment | $63,690 CAD | Total Assessment | $365,709 CAD |
Property Taxes
Parcel Number
71-08-03-102-003.000-026
Land Assessment
$63,690 CAD
Improvements Assessment
$302,019 CAD
Total Assessment
$365,709 CAD
(469) 868-4798
x4340
Contacts
-
Landon Reynolds -
Josh Bishop -
Scotty Latimer -
Matthews Real Estate Investment Services
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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O’Reilly Auto Parts | 3030 W Lincoln Way
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