201 Johnson AveJonesboro, AR 72401
High-Yield O'Reilly Auto Parts Property
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 102
Highlights
- 6.25% cap rate, $63,780 NOI, significantly below market average rent for comparable O'Reilly Auto Parts locations.
- O'Reilly Auto Parts has a lease extending through 2034, demonstrating long-term commitment to this location.
- O'Reilly Auto Parts revenue growth is nearly 10% annually since 2019, and their stock price shows strong performance.
- High visibility location on E Johnson Ave (19,400 VPD) and proximity to E Main St (15,000 VPD), leading to downtown Jonesboro and Arkansas State University.
- Tenant (O'Reilly Auto Parts) pays all property taxes and insurance, creating a passive investment opportunity.
- Roof was reinforced in 2019 with a 10-year warranty.
Property Details for 201 Johnson Ave
- Property type
- Other retail properties, Automotive properties
- Square Feet
- 6,575 SF
- Year Built
- 2002
- Buildings
- 1
- Stories
- 1
Location Insight
- City
- Jonesboro
- County
- Craighead
- State
- Arkansas
- Latitude
- 35.8448548
- Longitude
- -90.7033917








Nearby Similar for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at support@realmo.com and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.