4750 Sundt Rd NE - Freestanding FOR SALE
Rio Rancho, NM 87124 |
$2,431,121 USD
949-662-2252
4750 Sundt Rd NE
Rio Rancho, NM 87124
HIGHLIGHTS
- Best in Class Tenant with Corporate Guaranty: O’Reilly Auto Parts is a “household name” and leader in retail auto parts
- Long Term Passive Lease: This newer property with high quality construction provides the landlord with a secure stream of income
- Rental Increases: The lease has increases both in the base term and renewal options to improve the landlord’s cash flow and return
- O’Reilly Auto Parts was considered an essential retailer, therefore their stores stayed open for business throughout COVID-19
- Located Off Major Highway In More Affluent Growth Area (Over $100k Household Income in 1 mile radius)
FOR SALE DETAILS
PRICE
$2,431,121 USD
PRICE/SF
$323 USD /SF
CAP RATE
5.8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
O'Reilly Auto Parts
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
21
LAND DETAILS
LAND ACRES
0.86 AC
LAND SF
37,571 SF
ZONING
-
APN/PARCEL ID
1-014-069-408-404
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949-662-2252
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949-662-2252
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