net lease investment property free-standing single-tenant property profiler... · 2012. 5. 22. ·...
TRANSCRIPT
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
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
Holly Springs
Oxford Tupelo
Little Rock
Memphis
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
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
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
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
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.