O’REILLY AUTO PARTS

O'REILLY AUTO PARTS

1010 MISSOURI BLVD, JEFFERSON CITY MO

OFFERING MEMORANDUM

JEFF COTTAM PRINCIPAL 615-922-9580 JEFF@

Property Summary

PRICE

$764,592

CAP

6.25%

HIGHLIGHTS

? Long-Term Absolute Double-Net (NN)

Lease 9+ years remaining on current term

? Minimal LL responsibilties - Structure &

Insurance

? Indication of strong store sales ? Early lease extension ? High traffic counts - Right off Hwy 54

which averages over 53,000 per day and Missourri Blvd averages over 24,000 per day

? Low price per square foot ? Low rent per square foot

NOI

$48,075

BUILDING SIZE

11,283 sqft

LOT SIZE

+/- 0.74 ac

PRICE PER SQFT

$70.41

RENT PER SQFT

$5.10

RENT COMMENCEMENT

2002

Tenant Summary & Rent Roll

Company Name

Guarantor Lease Type LL Responsibilties Original Lease Current Term Lease Expiration Options Option Increases

O'Reilly Auto Parts

Corporate NN Structure/Insurance 10 Years 9+ Years 2/28/2027 5, 5-Year Options 5%

Term

Current Option 1 Option 2 Option 3 Option 4 Option 5

NOI

$48,075.41 $50,956.41 $53,980.41 $57,155.61 $60,489.57 $63,990.21

Monthly Rent

$4,800.00 $5,040.00 $5,292.00 $5,556.60 $5,834.43 $6,121.15

Annual Rent

$57,600.00 $60,480.00 $63,504.00 $66,679.20 $70,013.16 $73,453.80

Rent Per SF $5.10 $5.36 $5.63 $5.91 $6.21 $6.52

Local Overview LOCAL OVERVIEW

JEFF COTTAM PRINCIPAL 615-922-9580 JEFF@

Subject Property

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