Net Leased O'Reilly Auto Parts

9,200 SF | Retail Building | Buffalo, NY 14215 | $1,380,000 ($150/SF) | 6% Cap Rate

Asking Price $1,380,000

Property Type: Retail
Square Feet: 9,200 SF
Price / Square Foot: $150

Listing Contacts

Kase Abusharkh

Verified Profile

Jacob Abusharkh

Verified Profile

Property Info

Property Overview

The Kase Group is pleased to present the opportunity to purchase a O'Reilly Auto Parts location in Buffalo, New York. The building consists of 9,200 SF and just underwent new construction and designing in compliance to the tenants prototype. The property is subject to a corporate NN lease with minimal landlord obligations and four, 5-year options to renew with 8% increases every 5 years. This O'Reilly Auto Parts is located at a hard corner with exposure to 21,515 vehicles per day along major east-west highway US- 62 and borders various retailers including Family Dollar, 7-Eleven, Tim Hortons, ALDI, Rent-A-Center, DaVita, M&T Bank, Boost Mobile and more.
In Association with Scott Reid & ParaSell, Inc. | P: 949.942.6578 | A Licensed New York Broker #10991231395

Property Details

Class: C
Year Built: 1956
Stories: 1
Property Subtype: Freestanding
Lot Size (sq. ft): 36,155 SF

Highlights

Net Long Term Net Lease
Minimal Landlord Obligations
Corporate Guarantee - (NASDAQ: ORLY)
Brand New Roof and Parking Lot
Desirable Demographics - 406,560+ Residents within a 5-Mile Radius
Ample Parking and Excellent Ingress/Egress Points

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