Property Details

O’Reilly Auto Parts

Jasper, TN
Property ID: 1969

    Financial Summary

    Asking Price $1,205,695
    Cap Rate 5.90%
    Net Operating Income (NOI) $71,136
    Lease Type NN
    Lease Term Remaining 13 Years
    The Offering Memorandum for this property is no longer available.

    Contact

    Andrew Fallon
    Executive Managing Director
    703.787.4733

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    Highlights

    • Long term corporate net lease guaranteed by O'Reilly Automotive, Inc.
    • Rental increases every 5 years. Next rent bump September, 2019
    • Investment grade credit S&P: BBB+
    • Located two blocks from the Town Square off Main Street
    • Surrounded by other national retailers: Dollar General, Family Dollar, AutoZone & CVS
    • Chattanooga, TN MSA
    • Tennessee has no state income tax

    Net Lease Advisor

    For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

    Location

    4180 Main Street
    Jasper, TN

    Traci BidingerO’Reilly Auto Parts