O'Reilly Auto Parts NNN Property For Sale — College Park, GA
5549 Old National Highway, College Park, GA 30349
This investment opportunity features a free-standing, 9,240 sq ft building anchored by O'Reilly Auto Parts, a credit tenant (S&P BBB). The property was originally built in 1997 and extensively remodeled in 2008 for the O'Reilly Auto Parts lease. In addition to O'Reilly Auto Parts, the building includes an established local independent tire dealer, Choice Tire, and a lighted billboard leased by CBS Outdoor. The property is strategically located on Old National Highway, benefiting from high daily traffic counts of over 42,000 vehicles. This offering presents a stable income stream from diversified tenants with varying lease structures, making it an attractive prospect for investors seeking a retail asset with national and local tenant presence.
- Address: 5549 Old National Highway, College Park, GA 30349
- Asking price $1.35M
- 7.68% cap rate
- NOI $103,680
- 2 years remaining
- NNN lease
- Year built: 1997
- Building size: 9,240 SF
- Lot size: 0.86 acres
- Lease expiration: Aug 30, 2028
- Rent increases: 10% Increase in Year 11; 10% Increase in Year 16
- Guarantor: Corporate
Location
This O'Reilly Auto Parts property is at 5549 Old National Highway in College Park, Georgia.
Asset type: Retail