USA Retail Property for Sale 003
$ 1 163 077
O Reilly Auto Parts, located at the NEC of 7th and Highway 51, Independence, Louisiana.
Independence is located in Tangipahoa Parish, Louisiana. The population was 1,956 at the 2010 census. It is part of the Hammond Micropolitan Statistical Area.
The property is offered under a Brand New Twenty (20) Year Lease Term, with Three (3), Five (5) Year Renewal Options with 6% increases beginning in year 11 and in each option period.
The property is 100% leased to O'Reilly Auto Parts
Brand New Twenty (20) Year Lease Term that will commence in June 2013
Three (3), Five (5) Year Renewal Options with 6% increases beginning in year 11 and in each option period
Strong population growth area with over 15% growth in the past 5 years within a Five (5) miles radius of the subject property
As of December 31, 2011, O'Reilly Automotive Inc. had total revenue in excess of $5.78 billion, net income in excess of $507 million, a net worth in excess of $2.84 billion, and an S&P rating of BBB and Stable
The subject property is located on Highway 51, which is the main thoroughfare through Independence. It is also located less than 5 miles from Interstate 55, near several retail properties including Piggly Wiggly, Dollar General, and Wings-To-Go
Independence is located in Tangipahoa Parish, Louisiana. The population was 1,724 at the 2000 census. It is part of the Hammond Micropolitan Statistical Area.
+27 21 783 5833
+27 82 576 1995
Stand-Alone Auto Retail
6 400 sqft
$ 75 600
Retail Property for Sale