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O'Reilly Auto Parts 695 W Poplar Ave

7,725 SF Retail Building Collierville, TN 38017 $2,007,700 ($259.90/SF) 5.35% Cap Rate

INVESTMENT HIGHLIGHTS

  • Corporate Guarantee | S&P Credit Rating "BBB" | Ideal Low-Management Investment For a Passive Investor | 11-Years Remaining on 20-Year Lease
  • 25-Year Transferable Roof Warranty Through December 22nd, 2040
  • High Volume Traffic Location & Visibility With Access From W Poplar Ave and Hwy 72 I 32,000 VPD+
  • Below Market Rent | Attractive Replaceable/Low Rent ($13.90/SF)
  • Highly Affluent Demographics: Income In 5 Miles Exceeds $148,000 | Second Highest Earning Zip Code in Memphis MSA
  • #1 Busiest O'Reilly Auto Parts in the Memphis MSA | 98th Percentile in Tennessee & 95th Percentile Natonwide (Placer.AI)

EXECUTIVE SUMMARY

Corporate Guarantee | S&P Credit Rating "BBB" | Ideal Low-Management Investment For a Passive Investor | 11-Years Remaining on 20-Year Lease
Below Market Rent | Attractive Replaceable/Low Rent ($13.90/SF)
Unique All Brick & Metal Construction | Concrete Parking Lot
25-Year Transferable Roof Warranty Through December 22nd, 2040
Upcoming 6% Rent Increase In 2026 & In Each Option Period

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,725 SF
Building Class
B
Year Built
2016
Price
$2,007,700
Price Per SF
$259.90
Cap Rate
5.35%
NOI
$107,412
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.95 AC
Zoning
GC
Parking
50 Spaces (6.1 Spaces per 1,000 SF Leased)
Frontage
126’ on Poplar Ave

AMENITIES

  • Signage

NEARBY MAJOR RETAILERS

Corky's Bar B-q
Kroger
O'Charley's
Renasant Bank
Jazzercise
Pure Barre
Freddy's Frozen Custard & Steakburgers
Starbucks
Bank of America
McAlister's Deli

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
C0-244-A-00658
Land Assessment
$232,240
Improvements Assessment
$352,440
Total Assessment
$584,680
  • Listing ID: 34641996

  • Date on Market: 1/29/2025

  • Last Updated:

  • Address: 695 W Poplar Ave, Collierville, TN 38017

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