Leased Auto Parts Retail
322 S Madison Blvd Roxboro, NC 27573
322 S Madison Blvd, Roxboro, NC, 27573
Contact for pricing
For Sale
Contact for pricing
Single-tenant retail space leased to O'Reilly Auto Parts along a major commercial corridor.
Property Size6,976 SF
Price / SF$229.36
Days on Market19
Property Features for 322 S Madison Blvd
General Information
- Standard status
- Active
- Size
- 6,976 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2007
Listing agency
Pickett Sprouse Commercial Real Estate
(919) 381-9456
Listed by
Matthew Morton · License #356757
Source
Crexi
Added: Jul 3 Updated: Jul 20 at 4:50PM Checked: Jul 21 at 4:00AM
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 Pickett Sprouse Commercial Real Estate
Investment Insights
Based on property information with market context.
For sale: a 6,976-square-foot retail property leased to O'Reilly Auto Parts, a nationally recognized automotive parts retailer. The asset is occupied and positioned as an established single-tenant retail offering for investors seeking a credit-tenant retail presence.
Located along one of Roxboro’s primary commercial corridors, the property is described as offering strong visibility and convenient access. Public remarks also cite traffic counts exceeding 21,000 vehicles per day at the site. Roxboro is identified as the county seat and retail center of Person County, serving a broader regional customer base, and the area is described as being located between the Research Triangle and Southern Virginia.
This offering presents a retail format centered on O’Reilly Auto Parts occupancy within a high-traffic commercial corridor setting.
Located along one of Roxboro’s primary commercial corridors, the property is described as offering strong visibility and convenient access. Public remarks also cite traffic counts exceeding 21,000 vehicles per day at the site. Roxboro is identified as the county seat and retail center of Person County, serving a broader regional customer base, and the area is described as being located between the Research Triangle and Southern Virginia.
This offering presents a retail format centered on O’Reilly Auto Parts occupancy within a high-traffic commercial corridor setting.
Key Highlights
- 6,976 SF single‑tenant retail property leased to O'Reilly Auto Parts
- Built in 2007
- Located along a primary commercial corridor in Roxboro
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $139.8k | $20.04 |
| − Vacancy | −$8.1k | −$1.16 |
| EGI | $131.7k | $18.88 |
| − OpEx | −$39.5k | −$5.66 |
| NOI | $92.2k | $13.21 |
6,976 SF · lease $20.04/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.32M
$1.15M – $1.54M
NOI $92,183 @ 7.0% cap · market cap 5.76%
Second Best
Retail
$1.16M
$1.02M – $1.36M
NOI $81,305 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$2.25M
$1.97M – $2.63M
NOI $157,684 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
O'Reilly Auto Parts
Auto Parts Store
Similar For Sale Nearby
Similar Off Market Nearby
- Dreamworks Motorsports — 707 Leasburg Rd, Roxboro, NC 27573
- Alton's Tire & Off-Road — 306 S Madison Blvd Ste E, Roxboro, NC 27573
- Shull Garage — 503 S Morgan St, Roxboro, NC 27573
- Roxboro Muffler & Exhaust — 219 Madison Blvd, Roxboro, NC 27573
- Blackwell's Tire Gales & Service — Roxboro, NC 27573
FAQs
What type of property is this?
Auto shop - Single-tenant retail space leased to O'Reilly Auto Parts along a major commercial corridor.
Where is this auto shop located?
The property is located at 322 S Madison Blvd Roxboro, NC.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 6,976 SF single‑tenant retail property leased to O'Reilly Auto Parts; Built in 2007; Located along a primary commercial corridor in Roxboro
