O'REILLY AUTO PARTS (NASDAQ: ORLY) | 6380 Coors Blvd NW
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O'REILLY AUTO PARTS (NASDAQ: ORLY) 6380 Coors Blvd NW
7,333 SF 4-Star Retail Building Albuquerque, NM 87120 $2,282,991 ($311/SF) 5.65% Cap Rate
Investment Highlights
- 15+ Year Corporate Lease Featuring a 6% Rental Increase in 2029, 2034 and at Each Option. 2019 High Quality Construction w/ Roof Warranty.
- Densely Populated and Affluent Area: Average Household Income of $94k+ within a 3-Mile Radius & over 196k People Residing within a 5-Mile Radius.
- Minutes from Cottonwood Mall - the Second Largest Shopping Center in the State of New Mexico with more than 130 Retail, Dining and Entertainment.
- Positioned Along Area’s Major Retail & Traffic Corridor - Hard Corner Location - Features Easy Access & Excellent Visibility.
- In Close Proximity to Numerous National Retailers including Sprouts, Albertsons Market, CVS Pharmacy, Walgreens, PetSmart, and many more.
- The Overall Company is Ranked #287 on Fortune 500 List & Features a S&P Investment Grade Credit Rating of “BBB” with an Annual Revenue of 14.40B.
Executive Summary
15+ Year Lease | Investment Grade Credit: S&P “BBB” | Hard Corner | Heavily Trafficked Area | Densely Populated & Affluent Area | Minutes from 2nd Largest Mall in New Mexico
New Mexico Broker of Record: Ryan Sarbinoff | Regional Manager, Phoenix 5600 Eubank Blvd. NE, #200 Albuquerque, NM 87111 P: 505-445-6333 Lic #: 20675 Ryan.Sarbinoff@MarcusMillichap.com
New Mexico Broker of Record: Ryan Sarbinoff | Regional Manager, Phoenix 5600 Eubank Blvd. NE, #200 Albuquerque, NM 87111 P: 505-445-6333 Lic #: 20675 Ryan.Sarbinoff@MarcusMillichap.com
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,333 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2019
Price
$2,282,991
Price Per SF
$311
Cap Rate
5.65%
NOI
$128,989
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Land Acres
0.78 AC
Zoning
C-1, SC - General Commercial
Parking
30 Spaces
Frontage
123 FT on Coors Boulevard Northwest
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 1-012-062-403496-1-02-09 | Improvements Assessment | $157,126 |
| Land Assessment | $141,359 | Total Assessment | $298,485 |
PROPERTY TAXES
Parcel Number
1-012-062-403496-1-02-09
Land Assessment
$141,359
Improvements Assessment
$157,126
Total Assessment
$298,485
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Power Broker Alvin Mansour -
David Kern -
The Mansour Group of Marcus & Millichap
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O'REILLY AUTO PARTS (NASDAQ: ORLY) | 6380 Coors Blvd NW
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