4431 Peach St - Freestanding FOR SALE
Erie, PA 16509 |
4431 Peach St
Erie, PA 16509
HIGHLIGHTS
- Newer 2016 construction with no deferred maintenance
- NN Lease with more than 13 Years Remaining and minimal Landlord responsibilities or expenses
- There are 6% rental increases in Year 11 and each option period
- Located at the signalized corner of Peach Street and Miller Avenue with a combined 23,899 vehicles passing by daily
- Lease is corporately guaranteed by O’Reilly Auto Parts, an investment grade credit tenant, rated BBB by Standard & Poor’s
- Strong retail corridor only 1.5 miles from the 2.2MSF Millcreek Mall Complex (10th largest shopping complex in the U.S.)
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
O'Reilly Auto Parts
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
7000
STORIES
1
YEAR BUILT
2017
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
18-053-001.0-110.00
