• 101 Dalton Ave, La Junta, CO 81050

For Sale

Retail

For Sale

This property is available for sale
0.8
Acres
$940,000
Sale Price
  • Year Built
    1997
  • Total Building Size
    7,320 RSF
  • 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.

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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 Type
    Retail
  • Year Built
    1997
  • Sale Price
    $940,000
  • Total Building Size
    7,320RSF
  • Total Acres
    0.8
  • Sale Status
    Available
  • Property ID
    2091819

Landlord's Sales Representatives

  • Steve Kawulok
    SVN | Denver Commercial
     
  • tom@tomlrd.com