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O'Reilly Auto Parts 609 W Madison St 7 523 pi² Commerce de détail Immeuble Houston, MS 38851 614 013 $ CAD (81,62 $ CAD/pi²) 8,75% Taux de capitalisation



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FAITS SAILLANTS DE L'INVESTISSEMENT
- O’Reilly Automotive, Inc. a corporate credit tenant operating 6,500+ locations nationwide.
- Three five-year options remaining with increases.
- Neighboring Shell gas station is a top 11% store nationwide according to Placer.ai.
- Adjacent to Dollar General, a top 21% location Nationwide according to Placer.ai.
- Strong visibility with pylon signage on the main East/West Corridor through Houston.
- Positioned next to another National Retailer in Dollar General, which is also available for purchase.
RÉSUMÉ DE L'ANNONCE
Bellagio Real Estate Partners, LLC is pleased to present the opportunity to acquire an O’Reilly Auto Parts property located at 609 W Madison Street in Houston, Mississippi.
The property is leased to O’Reilly Automotive, Inc. (NASDAQ: ORLY), one of the largest specialty retailers of automotive aftermarket parts in the United States with more
than 6,500 locations nationwide. The asset features a 7,523 square foot building situated on 0.84 acres, with a long-term operating history at this location since 2007.
The lease is structured so that the tenant is responsible for taxes, HVAC, parking lot, and utilities, all directly, while the landlord covers the roof and structure. The tenant
carries, at its sole cost, “all risk” insurance that covers the building including fire and extended coverage, and commercial general liability insurance. The Landlord will
also hold commercial general liability insurance, without reimbursement. This well located property also benefits from excellent visibility along W Madison Street, convenient access, and strong co-tenancy in the immediate trade area. With a nationally recognized, investment-grade tenant and a successful track record at the
site, this offering represents a compelling opportunity to acquire a stable, income producing asset in the resilient automotive aftermarket sector.
The property is leased to O’Reilly Automotive, Inc. (NASDAQ: ORLY), one of the largest specialty retailers of automotive aftermarket parts in the United States with more
than 6,500 locations nationwide. The asset features a 7,523 square foot building situated on 0.84 acres, with a long-term operating history at this location since 2007.
The lease is structured so that the tenant is responsible for taxes, HVAC, parking lot, and utilities, all directly, while the landlord covers the roof and structure. The tenant
carries, at its sole cost, “all risk” insurance that covers the building including fire and extended coverage, and commercial general liability insurance. The Landlord will
also hold commercial general liability insurance, without reimbursement. This well located property also benefits from excellent visibility along W Madison Street, convenient access, and strong co-tenancy in the immediate trade area. With a nationally recognized, investment-grade tenant and a successful track record at the
site, this offering represents a compelling opportunity to acquire a stable, income producing asset in the resilient automotive aftermarket sector.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Réparation automatique
Taille du bâtiment
7 523 pi²
Classe d’immeuble
B
Année de construction
2006
Prix
614 013 $ CAD
Prix par pi²
81,62 $ CAD
Taux de capitalisation
8,75%
Revenu net d’exploitation
53 726 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,21
Taille du lot
0,84 AC
Zone de développement économique
Oui
Façade
94’ sur MADISON ST
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 0 $ CAD | |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 55 992 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
55 992 $ CAD
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O'Reilly Auto Parts | 609 W Madison St
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