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O'Reilly Auto Parts 4431 Peach St

7,000 SF Retail Building Erie, PA 16509 $1,700,000 ($243/SF) 5.99% Cap Rate

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Investment Highlights

Newer 2016 construction with no deferred maintenance
There are 6% rental increases in Year 11 and each option period
Lease is corporately guaranteed by O’Reilly Auto Parts, an investment grade credit tenant, rated BBB by Standard & Poor’s

NN Lease with more than 13 Years Remaining and minimal Landlord responsibilities or expenses
Located at the signalized corner of Peach Street and Miller Avenue with a combined 23,899 vehicles passing by daily
Strong retail corridor only 1.5 miles from the 2.2MSF Millcreek Mall Complex (10th largest shopping complex in the U.S.)