Leased Auto Parts Retail
For Sale
Contact for pricing
Pending
322 S Madison Blvd, Roxboro, NC 27573
Single-tenant retail space leased to O'Reilly Auto Parts along a major commercial corridor.
Property Size6,976 SF
Days on Market114
Property Features for 322 S Madison Blvd
General Information
Standard status
Pending
Size
6,976 SF
Property subtype
Retail
Zoning
B-1 (Highway Business District)
Lease Type
NN
Additional Details
Traffic Count
21,000 vehicles/day
Building Details
Year Built
2007
Tenancy
Single
Listing Agency:
Pickett Sprouse Commercial Real Estate
Listed By:
Emilee Collins · License #NC
(919) 493-0395
Source:
Crexi
Added: Jul 3
Changed: Oct 23
Last Checked: Oct 23 at 4:15AM
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 Pickett Sprouse Commercial Real Estate
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,183
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,843,660
$1.8M
Cap Rate 7%
$1,316,900
$1.3M
Cap Rate 9%
$1,024,256
$1.0M
Market Conditions
NOI Build-Up for 6,976 SF
Gross rent
$139.8K $20.04/SF
− Vacancy
−$8.1K −$1.16/SF
EGI
$131.7K $18.88/SF
− OpEx
−$39.5K −$5.66/SF
NOI
$92.2K $13.21/SF
Area
Person County, NC
Vacancy
5.80%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,843,660
Cap Rate 7%
$1,316,900
Cap Rate 9%
$1,024,256
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 authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
21,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
635
Businesses Nearby
44k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 15%
Home Improvements & Furnishings 6%
Shell
Shops & Services
15,390 visits/mo
0.5 miles
State Employees Credit Union
Shops & Services
8,590 visits/mo
0.2 miles
AutoZone
Shops & Services
4,134 visits/mo
0.1 miles
New Hong Kong
Dining
3,420 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
3,209 visits/mo
0.0 miles
Demographics for 27573, NC
11,017
Population
5,748
Households
1.9
Avg Household Size
41
Median Age
20%
College-Educated
87%
High-School Grad
17.3 sq mi
ZIP Area
637
Density / Sq Mi
$44,234
Median Household Income
$29,496
Median Earnings
$761
Median Rent
$159,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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
Frequently Asked Questions
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
