505 W State St 6 300 pi² Commerce de détail Immeuble Black Mountain, NC 28711 1 278 674 $ CAD (202,96 $ CAD/pi²) 6,60% Taux de capitalisation

***IMPROVED PRCING***
Discover this exceptional single-tenant net lease investment featuring a creditworthy O'Reilly Auto Parts (NASDAQ: ORLY) location at 507 W State St, Black Mountain, NC 28711. Priced at $975,000 with a solid 6.25% CAP rate, the property delivers $61,056 in annual rent under a long-term NN lease (tenant responsible for roof, structure, and parking lot maintenance). The current lease expires in May 2030, with three (3) five-year renewal options and built-in 6% rent increases every 5 years, providing reliable income growth and long-term stability. The 6,300 SF building sits on a 1.08-acre lot with strong visibility and high traffic counts along West State Street (US 70 corridor, approximately 8,253 vehicles per day), surrounded by national retailers like CVS, Ingles, Tractor Supply, Dollar General, and more—ensuring excellent exposure in a growing market near Asheville. Recent capital improvements include a new roof installed in 2023 and a recently resealed parking lot, minimizing near-term owner expenses. Backed by O'Reilly Auto Parts' investment-grade credit profile, including a Moody's Baa1 rating (investment-grade), this corporate-guaranteed lease offers low-risk, passive income with minimal management. As a true bite-size deal under $1M, it's ideal for 1031 exchange buyers, private investors, or portfolio diversification seekers looking for recession-resistant retail with a proven national tenant in the essential automotive aftermarket sector. Don't miss this turnkey opportunity in a vibrant Western North Carolina location! Contact listing agent for full details, financials, and offering memorandum.