O'Reilly's Auto Parts
Retail-Commercial
for Sale
| Catylist Listing ID: |
30672993 |
| Property Subtypes: |
Free-Standing Building
|
| Building Size (RSF): |
8,405 SF
|
| Gross Land Area: |
25,740 SF
|
| Sale Price: |
$450,000 |
| Unit Price: |
$53.54 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Net Leased Investment (NNN) |
| Building Name: |
O'Reilly's Auto Parts |
| Usable Size (USF): |
8,405 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/12/2021 |
Overview / Comments
|
Nice sized deal in Central City, NE. Corporately leased property to O'Reilly's Auto parts still in the initial term of the lease, with five 5 year options with increases. O'Reilly's completely remodeled the store in 2014 showing their commitment to this location. Nearby retailers include Dollar General, Dairy Queen, Casey's, etc. Located on the busy US Hwy 30, with great visibility. The Lease is NNN.
|
Financials
| Finance Data Year |
2020 |
| Real Estate Taxes - Annual($) |
$5,927 (Annual) |
| Tax Value Land |
$50,220 |
| Tax Value Improvements |
$291,840 |
| Assessed Value - Total($) |
$342,060 (Annual) |
| Net Operating Income |
$26,400 (Annual) |
Additional Details
| Nearest MSA: |
Grand Island |
| County: |
Merrick |
| Taxing Authority: |
Merrick County |
| Tax ID/APN: |
0002331.00 |
| Zoning: |
COMMERCIAL |
| Retail Clientele: |
General, Business |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
US Hwy 30 |
| Highway Access: |
US Hwy 30 |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
8,405 SF |
| Property Condition: |
Good |
| Year Built: |
1962 |
| Year Renovated: |
2014 |
| Roof Type: |
Flat |
| Construction/Siding: |
Aluminum Siding |
| Exterior Description: |
Aluminum Siding, Block and Brick |
| Total Parking Spaces: |
30 |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Other |
| Lot Frontage: |
198' |
| Lot Depth: |
130' |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Other |
| Land Ownership: |
Fee Simple |
| Legal Description: |
Lengthy - Call Agent. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
956 |
3,283 |
3,283 |
| Median Age: |
34.22 |
42.11 |
42.11 |
| Households: |
347 |
1,359 |
1,359 |
|
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Midlands Regional CIE nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|
