Net Leased O’Reilly Auto
1930 N Michigan St Plymouth, IN 46563
For Sale
Contact for pricing
Freestanding net leased O’Reilly Auto Parts with build-to-suit development on North Michigan Street in Plymouth, Indiana.
Property Size7,225 SF
Lot Size0.73 Acres
Days on Market104
Property Features for 1930 N Michigan St
General Information
- Standard status
- Active
- Size
- 7,225 SF
- Lot size
- 0.73 Acres
- Property subtype
- Retail
Listing Agency:
Marcus & Millichap - Indianapolis
(317) 218-5329
Listed By:
Nathan Whalen · License #IN AB21402364
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 11:15AM
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 Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
Marcus & Millichap presents the acquisition of a net leased O’Reilly Auto Parts in Plymouth, Indiana. The 7,225-square-foot freestanding building is being built-to-suit for O’Reilly Auto Parts and is planned to sit on approximately 0.73 acres. The landlord is responsible for the roof and structural components of the building.
The site is located along North Michigan Street and is described as having excellent visibility and frontage in a retail corridor. O’Reilly is positioned between McDonald’s and CVS, with a Kroger-anchored shopping center across the street that includes national tenants such as Pizza Hut, Burger King, Taco Bell, Dollar General, Sprint, AutoZone, and Ace Hardware. Walgreens and Ponderosa Steakhouse are also noted on the other side of McDonald’s. The property is reported to provide immediate access to U.S. Route 30 via North Michigan Street, which feeds into the highway less than a quarter mile north.
O’Reilly Auto Parts signed an original 15-year double net lease, with estimated rent commencement of July 1, 2020 and expiration on June 30, 2035. The base term includes a 6% rent increase in year 10, along with additional increases in each of four, five-year renewal options.
The site is located along North Michigan Street and is described as having excellent visibility and frontage in a retail corridor. O’Reilly is positioned between McDonald’s and CVS, with a Kroger-anchored shopping center across the street that includes national tenants such as Pizza Hut, Burger King, Taco Bell, Dollar General, Sprint, AutoZone, and Ace Hardware. Walgreens and Ponderosa Steakhouse are also noted on the other side of McDonald’s. The property is reported to provide immediate access to U.S. Route 30 via North Michigan Street, which feeds into the highway less than a quarter mile north.
O’Reilly Auto Parts signed an original 15-year double net lease, with estimated rent commencement of July 1, 2020 and expiration on June 30, 2035. The base term includes a 6% rent increase in year 10, along with additional increases in each of four, five-year renewal options.
Key Highlights
- 7,225 SF freestanding O’Reilly Auto Parts building net leased in Plymouth, IN
- Build‑to‑suit development on about 0.73 acres along North Michigan Street
- Original 15‑year double net lease with estimated rent commencement July 1, 2020; expires June 30, 2035
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar Off Market Nearby
- Mastertech Auto & Truck Repair — 2233 Western Ave, Plymouth, IN 46563
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- Marshall County Glass Co Inc — 2135 Western Ave, Plymouth, IN 46563
- Smith Farm Stores - Plymouth — 1917 N Michigan St, Plymouth, IN 46563
- The Duke of Oil — 1505 N Michigan St, Plymouth, IN 46563
FAQs
What type of property is this?
Auto shop - Freestanding net leased O’Reilly Auto Parts with build-to-suit development on North Michigan Street in Plymouth, Indiana.
Where is this auto shop located?
The property is located at 1930 N Michigan St Plymouth, IN.
What are key features of this property?
This property features: 7,225 SF freestanding O’Reilly Auto Parts building net leased in Plymouth, IN; Build‑to‑suit development on about 0.73 acres along North Michigan Street; Original 15‑year double net lease with estimated rent commencement July 1, 2020; expires June 30, 2035
