Leased Auto Parts Retail
1293 South Duncan Drive Tavares, FL 32778
For Sale
Contact for pricing
Fee simple interest available in an O’Reilly Auto Parts retail store with a newly executed 15-year lease.
Days on Market106
Property Features for 1293 South Duncan Drive
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing Agency:
NorthMarq - Newport Beach
(949) 270-3690
Listed By:
Brett Butler · License #TX 558227
Source:
Crexi
Added: Apr 12
Changed: Jul 23
Last Checked: Jul 23 at 5:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NorthMarq - Newport Beach
Investment Insights
Based on property information with market context.
Northmarq Commercial, as exclusive advisor for ownership, is pleased to present the fee simple interest in the O’Reilly Auto Parts store property at 1293 S Duncan Drive in Tavares, Florida. The property is subject to a newly executed 15-year lease with O’Reilly Automotive Stores, Inc., a publicly traded company.
The tenant is reported to carry an investment grade credit rating of BBB/Stable by S&P Global Ratings. As of December 2022, O’Reilly reported total revenue of $14.4 million and net income of $2.17 million.
This offering is structured for an investor seeking ownership of a single retail location leased to O’Reilly under the stated term.
The tenant is reported to carry an investment grade credit rating of BBB/Stable by S&P Global Ratings. As of December 2022, O’Reilly reported total revenue of $14.4 million and net income of $2.17 million.
This offering is structured for an investor seeking ownership of a single retail location leased to O’Reilly under the stated term.
Key Highlights
- Fee simple interest in an O’Reilly Auto Parts store at 1293 S Duncan Drive, Tavares, FL 32778
- Newly executed 15‑year lease with O’Reilly Automotive Stores, Inc. as tenant
- Tenant is O’Reilly Automotive Stores, Inc., operating over 5,900 stores nationally
Property Analytics
Location Intelligence
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FAQs
What type of property is this?
Retail space - Fee simple interest available in an O’Reilly Auto Parts retail store with a newly executed 15-year lease.
Where is this retail space located?
The property is located at 1293 South Duncan Drive Tavares, FL.
What are key features of this property?
This property features: Fee simple interest in an O’Reilly Auto Parts store at 1293 S Duncan Drive, Tavares, FL 32778; Newly executed 15‑year lease with O’Reilly Automotive Stores, Inc. as tenant; Tenant is O’Reilly Automotive Stores, Inc., operating over 5,900 stores nationally