O’REILLY AUTO PARTS | BOONEVILLE, ARKANSAS



INVESTMENT SUMMARY

Purchase Price
$366,818

Location
70 E. Main Street

Cap Rate
5.50%

Annual Rent
$20,175.72

Building Size
7,252 SF

Land Area
0.24 Acres

Ownership
Fee Simple

Lease Type
NN

Term Remainning
4.75 Years

LEASE EXPIRATION
06/30/2026

Renewal Options

RENT INCREASES
5% at Options

Parking
7 Spaces

Year Built
1972

APN
800-00917-000

Traffic Counts
10,838 VPD
INVESTMENT HIGHLIGHTS
PROPERTY INFORMATION:
- 4.75 Years Remaining in the Current Term
- Four (4) - Five (5) Year Renewal Options
- Long Term Operating History in Excess of 20 Years
- NN Lease - Landlord Responsibilities Limited to Roof, Parking Lot, and Structure
LOCATION:
- Located at Hard Corner Signalized Intersection - Main on Main
- Located on the Main Thoroughfare in Town - Traffic Counts of 10,838 Vehicles per Day
- Nearby Tenants Include: McDonald's, Walmart, Tractor Supply, Verizon, Dollar General and Dollar Tree
PROXIMITY FROM BOONEVILLE, ARKANSAS:
- Fayetteville, Arkansas | 94 Miles
- Conway, Arkansas | 98 Miles
- Tulsa, Oklahoma | 154 Miles
- Oklahoma City, Oklahoma | 219 Miles
- Gainesville, Texas | 251 Miles
TRADE AREA DEMOGRAPHICS:
- 1-Mile Population = 3,377 Residents
- 1-Mile Average Household Income = $47,526
- 3-Mile Population = 4,941 Residents
- 3-Mile Average Household Income = $51,534
- 5-Mile Population = 6,203 Residents
- 5-Mile Average Household Income = $54,606
- 7-Mile Population = 8,045 Residents
- 7-Mile Average Household Income = $56,940
TENANT:
- O'Reilly Automotive, Inc. (NASDAQ: ORLY)
- Strong Corporate Guaranty (NASDAQ: "ORLY") - O'Reilly Automotive, Inc. is Rated "BBB+" by Standard & Poor's
- O'Reilly Auto Parts Boasts a Stronger S&P Credit Rating than Both AutoZone (BBB) and Advance Auto Parts (BBB-)
- 5,710 Stores Located in 47 States as of June 30, 2021