O’Reilly Auto Parts Crawfordville, Florida

$1,685,000
Cap Rate: 5.60
Closed Single-Tenant
Property type: Single-Tenant Net Lease

Property Details

Cap Rate: 5.60
Year Built: 2017
Cap Rate: 5.60%
NOI: $94,320
Building Size: 7,225 sq. ft.
Lease Expiration: 1.17 Acres

Address:

2250 Crawfordville Highway
Crawfordville, FL 32327

O’Reilly Auto Parts in Crawfordville is a brand new, 20-year lease with four, five-year renewal options. There are six percent rental increases in year 11 of base term and every five years in option periods.

Surrounding national retailers include Walmart Supercenter, Tractor Supply Company, Dollar Tree, Winn Dixie, Walgreens, CVS, Family Dollar, Badcock Home Furniture & More, Pizza Hut, Zaxby’s, Burger King and many more. The subject property is 15 miles from Tallahassee, Florida’s State Capital, and Florida State University, which was ranked as the 38th Best Public University in the United States in 2017 by U.S. News & World Report.

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