RealtyLink Development

O'Reilly Auto Parts (Atlanta MSA)

1720 Buford Highway
Cumming, GA 30041

PROPERTY SOLD

Property: Investment Sales

Square Footage: +/- 7,225

Acreage: +/- 1.13

Price: $2,400,000

Cap Rate: 5.25%

Description:

  • 20 year corporate guaranteed lease with three 5 year renewal options and 6% rent bumps
  • O‚ÄôReilly has 4,850 stores in 47 states, $8.8B annual sales and a market CAP of $18.2B
  • Publicly traded (NASDAQ: ORLY) investment grade credit (S&P: BBB+) tenant
  • New construction to be completed Fall 2017 between a high deposit Chase Bank and high volume ALDI
  • High profile signalized intersection across from a well occupied Publix anchored neighborhood center
  • Multiple access points and high exposure with traffic counts between 25,200 and 40,400 AADT on Hwy 20
  • Average household incomes of $138,000 in a 1 mile radius with 12% projected growth by 2022
  • Population of 102,500 in a 5 mile radius (26% growth since 2010) with 18% projected growth by 2022
  • 38 miles north of downtown Atlanta near Lake Lanier, one of the most popular lakes in the U.S. with 7.5M visitors annually

O'Reilly Auto Parts (Atlanta MSA)

Downloads

Investment Summary         

Demographics         

Site Plan         

Aerials         

Investment Package         

Contact

Tyson Glasser, CCIM
Investment Sales Director
(864) 263-5427 - Main
(404) 435-6312 - Mobile