O’Reilly Auto Parts
Single-Tenant Offerings
O’Reilly Auto Parts
11423 N. Williams Street
Dunnellon, FL
- Price:
- $1,686,000
- Cap Rate:
- 5.40%
- NOI:
- $91,017
- Rentable SQFT:
- 7,225 SF
- Year Built:
- 2015
- Lot Size:
- 1.08 +/- Acres
- Lease Type:
- NN
- Status:
- Available
Investment Highlights
- Approximately 12 Years Remaining on an Original 20-Year Lease
- Investment Grade Credit Tenant (Rated BBB by S&P), Ranked #279 on Fortune 500
- 6% Rental Increases Every 5 Years Beginning in Year 11
- New Upgraded Block Construction with Concrete Parking Lot, Minimal Landlord Responsibilities
- O’Reilly has Achieved 30 Consecutive Years of Comparable Store Sales Growth
- Average O’Reilly Store Generates $2.4 Million in Sales, Up 15%+ Since 2019
- Strategic Location, Closest O’Reilly is Over 12 Miles Away
- Serving Over 62,339 Residents in Primary Trade Area
- Highly Visible to Over 24,000 Cars/Day Along a Major North/South Artery
- Across from a Publix Anchored Shopping Center and the City’s Only Walmart Supercenter
- Close Proximity to Rainbow Springs State Park and Goethe State Forest with Over 1 Million Visitors/Year Combined
- Florida is the Highest Net Domestic Migration/Growth State in the U.S., No State Income Tax in Florida
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