net lease investment property free-standing single-tenant property profiler... · 2012. 5. 22. ·...

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The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed. 6% Rent Increase in Year 11 20 Year Lease Close Proximity to I-22 New Construction / Block Building Great Visibility & Access Corner Lot Net Lease Investment Property Free-Standing Single-Tenant O’Reilly Auto Parts – Northern MS *Actual location not shown * Actual location not shown * Actual location not shown

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Page 1: Net Lease Investment Property Free-Standing Single-Tenant Property Profiler... · 2012. 5. 22. · Net Lease Investment Property Free-Standing Single-Tenant O’Reilly Auto Parts

The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

• 6% Rent Increase in Year 11

• 20 Year Lease

• Close Proximity to I-22

• New Construction / Block Building

• Great Visibility & Access

• Corner Lot

Net Lease Investment Property

Free-Standing Single-Tenant

O’Reilly Auto Parts – Northern MS

*Actual location not shown

* Actual location not shown

* Actual location not shown

Page 2: Net Lease Investment Property Free-Standing Single-Tenant Property Profiler... · 2012. 5. 22. · Net Lease Investment Property Free-Standing Single-Tenant O’Reilly Auto Parts

PURCHASE PRICE: $1,221,300 (CAP RATE 7.00%)

O’Reilly Auto Parts— NET LEASE

465 Craft Street, Holly Springs, MS 38634

* Actual location not shown

Current Annual Rent: $85,491 .84 ($13.35 per building SF)

Initial Rent

Commencement: October 1, 2012

Lease Expiration: September 30, 2032

Initial Lease Term: 20-Year

Renewal Options: Three (3) / 5-Year Renewals

Rent Increases: 6% in Lease Year 11 & 6% in each Option

Building Size: 6,400 Square Feet

Land Size: 1.17 Acres (Approx.)

Parking: Adequate

Area Tenants: McDonalds, Sonic, Econo Lodge, Days Inn, Hibbet Sports, KFC

Demographics: 1-MILE 3-MILE 5-MILE

Population: 1,834 8,539 9,897

Median Income: $30,620 $25,593 $26,133

Average Income: $45,859 $42,989 $42,416

Tenant

Responsibility: RE Taxes, Insurance, & CAM (HVAC & Parking lot maintenance )

Lessor

Responsibility: Roof & Structure General Liability Insurance

Lease

Guarantor: O'Reilly Automotive Inc (Publically Traded: ORLY)

The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

CONTACT INFORMATION Gregory Fitzgerald

(800) 385-6421

www.tri-oak.com

[email protected]

Holly Springs

Oxford Tupelo

Little Rock

Memphis

Page 3: Net Lease Investment Property Free-Standing Single-Tenant Property Profiler... · 2012. 5. 22. · Net Lease Investment Property Free-Standing Single-Tenant O’Reilly Auto Parts

The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

Aerial with Area Tenants

PURCHASE PRICE: $1,221,300 (CAP RATE 7.00%)

O’Reilly Auto Parts— NET LEASE

Page 4: Net Lease Investment Property Free-Standing Single-Tenant Property Profiler... · 2012. 5. 22. · Net Lease Investment Property Free-Standing Single-Tenant O’Reilly Auto Parts

The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

Traffic Counts PURCHASE PRICE: $1,221,300

(CAP RATE 7.00%)

O’Reilly Auto New Construction

Store

O’Reilly Auto Parts— NET LEASE

Page 5: Net Lease Investment Property Free-Standing Single-Tenant Property Profiler... · 2012. 5. 22. · Net Lease Investment Property Free-Standing Single-Tenant O’Reilly Auto Parts

The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

Site Plan & Survey PURCHASE PRICE: $1,221,300 (CAP RATE 7.00%)

O’Reilly Auto Parts— NNN LEASE

O’Reilly Auto Parts— NET LEASE

Page 6: Net Lease Investment Property Free-Standing Single-Tenant Property Profiler... · 2012. 5. 22. · Net Lease Investment Property Free-Standing Single-Tenant O’Reilly Auto Parts

The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

About O’Reilly Auto Parts

O'REILLY AUTOMOTIVE, INC.

CEO: Gregory L. Henslee

HQ: 233 South Patterson Avenue Springfield, MO 65802-2298

WEBSITE: http://www.oreillyauto.com

BUSINESS DESCRIPTION: O'Reilly Automotive, Inc. (NASDAQ: ORLY) is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, serving both professional service providers and do-it-yourself customers. Founded in 1957 by the O'Reilly family, the Company operated 3,740 stores in 39 states as of December 31, 2011. O'Reilly's initial public stock offering in April 1993 was well received by investors as a welcome addition to publicly traded companies in the automotive aftermarket industry. This success has continued to date.

PURCHASE PRICE: $1,221,300 (CAP RATE 7.00%)

O’Reilly Auto Parts— NET LEASE

Page 7: Net Lease Investment Property Free-Standing Single-Tenant Property Profiler... · 2012. 5. 22. · Net Lease Investment Property Free-Standing Single-Tenant O’Reilly Auto Parts

As of: 5/21/2012 - Source: http://finance.yahoo.com/q?s=orly&ql=1

Corporate Profile

The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

Business Summary: O’Reilly Automotive, Inc., together

with its subsidiaries, engages in the retail of automotive

aftermarket parts, tools, supplies, equipment, and

accessories in the United States. The company provides

new and remanufactured automotive hard parts, including

alternators, starters, fuel pumps, water pumps, brake

system components, batteries, belts, hoses, temperature

control, chassis parts, and engine parts; maintenance items

comprising oil, antifreeze, fluids, filters, wiper blades,

lighting, engine additives, and appearance products; and

accessories, such as floor mats, seat covers, and truck

accessories. Its stores also offer auto body paint and

related materials, automotive tools, and professional

service provider service equipment. The company’s stores

sell its brand name and private label products for domestic

and imported automobiles, vans, and trucks to do-it-yourself

customers and professional service providers. As of

December 31, 2011, it operated 3,740 stores in 39 states.

The company was founded in 1957 and is headquartered in

Springfield, Missouri.