Inventory

Recently Closed

Property:              O’Reilly Auto Parts

Status:                    Under Contract

City:                       La Grange, KY

Price:                     $1,808,000

Cap Rate:              5.25%

Base Rent:             $94,934.04

Lease Type:           NN

Guarantor:            Corporate

Lease Term:          20 Years

Remaining:           20 Years

Increases:              6% Yr 11 & Options

Options:                 (4) 5 Year

Highlights

Rent increase

Brand new brick construction

New 20 year lease

Investment Grade Credit Rating

Corporate Guarantee

Avg. HH Income within 5 miles: $92K

Located along main retail corridor