For Sale
For Sale
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Year Built
1997
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Total Building Size
7,320 RSF
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Overview
O'Reilly's Auto Shop is located in a great spot along Highway 50 La Junta is county seat for southern Colorado Otero County Single Tenant Net Lease - absolute NNN - of an O'Reilly Auto Parts store in La Junta CO . Tenant has over 3 years remaining on current option period, with two remaining 5 year option (with 5% escalators) Checkers Auto Parts was Original Tenant at this building in 1997. In 2017, O'Reilly acquired Checker and this lease was assigned to O'Reilly. Priced at a 8% cap on current annualized net rents. O'Reilly Auto Parts (NASDAQ: ORLY) had a Moody's Baa1 rating in 2018, and had almost $10B in sales at over 5,000 stores.
Property Details
O'Reilly Auto Parts store - La Junta CO
O'Reilly's Auto Shop is located in a great spot along Highway 50 La Junta is county seat for southern Colorado Otero County Single Tenant Net Lease - absolute NNN - of an O'Reilly Auto Parts store in La Junta CO . Tenant has over 3 years remaining on current option period, with two remaining 5 year option (with 5% escalators) Checkers Auto Parts was Original Tenant at this building in 1997. In 2017, O'Reilly acquired Checker and this lease was assigned to O'Reilly. Priced at a 8% cap on current annualized net rents. O'Reilly Auto Parts (NASDAQ: ORLY) had a Moody's Baa1 rating in 2018, and had almost $10B in sales at over 5,000 stores.
- Property TypeRetail
- Year Built1997
- Sale Price$940,000
- Total Building Size7,320RSF
- Total Acres0.8
- Sale StatusAvailable
- Property ID2091819