O'Reilly Auto Parts Retail
For Sale
Contact for pricing
1907 S Stephenson Ave, Iron Mountain, MI 49801
Single-tenant O'Reilly Auto Parts location with 8.7 years remaining on the primary lease and 6% annual rent escalations.
Property Size7,200 SF
Days on Market142
Property Features for 1907 S Stephenson Ave
General Information
Standard status
Active
Size
7,200 SF
Property subtype
RETAIL
Additional Details
Anchor Co-Tenants
Walmart Supercenter
Listing Agency:
JLL | Dallas
(469) 232-1982
Listed By:
Coler Yoakam · License #TX 601565
(469) 232-1982
Source:
Moodyscre
Added: Mar 13
Changed: Jul 29
Last Checked: Jul 31 at 10:23AM
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 JLL | Dallas
Investment Insights
Based on property information with market context.
This for-sale, single-tenant retail storefront is leased to O'Reilly Auto Parts and includes 8.7 years remaining on the primary lease term. The lease calls for 6% annual rent escalations, providing built-in growth over the remaining term.
Public remarks also note the site’s proven customer demand and describe it as a top-performing store within the automotive retail segment. The property is positioned near a Walmart Supercenter that draws more than 2.2 million annual visits, and the O'Reilly is described as the 3rd most visited within a 50-mile radius.
Overall, the asset is offered as a stabilized, lease-secured retail investment with a long remaining primary term and scheduled rent increases.
Public remarks also note the site’s proven customer demand and describe it as a top-performing store within the automotive retail segment. The property is positioned near a Walmart Supercenter that draws more than 2.2 million annual visits, and the O'Reilly is described as the 3rd most visited within a 50-mile radius.
Overall, the asset is offered as a stabilized, lease-secured retail investment with a long remaining primary term and scheduled rent increases.
Key Highlights
- Single‑tenant O'Reilly Auto Parts location with 8.7 years remaining on the primary lease.
- Lease includes 6% annual rent escalations.
- Tenant is described as having strong credit and market‑leading position in the automotive segment.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
674
Businesses Nearby
23k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 88%
Hotels & Casinos 7%
Home Improvements & Furnishings 5%
Wendy's
Dining
12,898 visits/mo
0.4 miles
Hardee's
Dining
5,232 visits/mo
0.4 miles
Thai Bistro
Dining
2,260 visits/mo
0.3 miles
TownePlace Suites by Marriott
Hotels & Casinos
1,653 visits/mo
0.1 miles
Pat's Campioni's TrueValue
Home Improvements & Furnishings
1,176 visits/mo
0.1 miles
Demographics for 49801, MI
11,479
Population
5,927
Households
1.9
Avg Household Size
46
Median Age
25%
College-Educated
95%
High-School Grad
123.9 sq mi
ZIP Area
93
Density / Sq Mi
$62,461
Median Household Income
$41,468
Median Earnings
$667
Median Rent
$157,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- L&S Electric — 619 Circle Dr, Iron Mountain, MI 49801
- Ray's Body Shop — Iron Mountain, MI 49801
- 906 RV Services — 1503 S Grant St, Iron Mountain, MI 49801
- Iron Mountain Automotive — 407 N Stephenson Ave, Iron Mountain, MI 49801
- Rc Rebuilders & Fabricators — 1800 Industrial Park Dr, Iron Mountain, MI 49801
Frequently Asked Questions
What type of property is this?
Auto shop - Single-tenant O'Reilly Auto Parts location with 8.7 years remaining on the primary lease and 6% annual rent escalations.
Where is this auto shop located?
The property is located at 1907 S Stephenson Ave Iron Mountain, MI.
What are key features of this property?
This property features: Single‑tenant O'Reilly Auto Parts location with 8.7 years remaining on the primary lease.; Lease includes 6% annual rent escalations.; Tenant is described as having strong credit and market‑leading position in the automotive segment.