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Auto Repair For Sale • 7,627 SF
| O’Reilly Auto Parts (NASDAQ: ORLY) has an investment-grade credit rating (S&P: BBB) and achieved $15.8 billion in revenue in 2023. |
| Lease term remaining exceeds 11 years and O’Reilly pays a low $17 PSF. Market rent in Lakeland has grown 22.6% since Q1 2020. |
| O’Reilly is an outparcel to Publix—the most dominant grocery store chain in the South—and Publix is headquartered in Lakeland. |
| This store is 10 miles from O’Reilly’s only Distribution Center in FL. Lakeland is a distribution hub, as 10 million people live within 100 miles. |
| O’Reilly is on a corner lot at a lighted intersection along a road with 56,500 vehicles per day. Traffic along Bartow Road has grown 40% since 2020. |
| 5,100 new residential units are being added as in a trade area with 80,794 residents with AHHI of $112,799 live within 5 miles of the Property. |
| Cap Rate: | 5.85 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Lakeland (Silver Star - Amtrak) | 11 min | - | 6.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
Michael Brewster
Colliers
Michael Brewster
Colliers
