O'Reilly Auto Parts Investment

860 E Division St, Coal City, IL 60416

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Net leased O'Reilly Auto Parts in Coal City, IL.

Type:Retail

Property size:

7,225 SF

Lot size:

0.74 Acres

Price / SF:

$292/SF

HighLights

Long‑term net lease with over 14 years remaining.
Investment‑grade credit rating (BBB from S&P) of O'Reilly Auto Parts (NASDAQ: ORLY).
Rent increases in year 11 and throughout the option periods.
Located within the Chicago MSA (population exceeding 9.5 million).
Located on E Division Street with 12,800 vehicles per day, near Interstate 55.
Corporate guarantee from O'Reilly Auto Parts.

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Contact an agent

Peter Block

For Sale

Contact for pricing

Net leased O'Reilly Auto Parts in Coal City, IL.

Type:Retail

Property size:

7,225 SF

Lot size:

0.74 Acres

Price / SF:

$292/SF

Added:: Jun 14, 2024
Days on Market:: 753
Last Refresh:: May 12 at 10:45 pm

Property Features for 860 E Division St

General Information

Standard status: Active
Size: 7,225 SF
Lot size: 0.74 Acres
Property subtype: Retail

We can help!

Contact an agent

Peter Block

Listing office Colliers - Rosemont, Illinois

Listing date Jun 14, 2024

Source Crexi

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 Colliers - Rosemont, Illinois

HighLights

Long‑term net lease with over 14 years remaining.
Investment‑grade credit rating (BBB from S&P) of O'Reilly Auto Parts (NASDAQ: ORLY).
Rent increases in year 11 and throughout the option periods.
Located within the Chicago MSA (population exceeding 9.5 million).
Located on E Division Street with 12,800 vehicles per day, near Interstate 55.
Corporate guarantee from O'Reilly Auto Parts.

Overview

This is an opportunity to acquire a single tenant net leased O’Reilly Auto Parts property in Coal City, Illinois. The property features a 7,225-square-foot building on a 0.74-acre parcel. The long-term net lease has over 14 years remaining in the primary term, with four 5-year option periods. Rent increases are scheduled in year 11 and every option period. The property is located on E Division Street, which has a traffic volume of 12,800 vehicles per day, and is 2 miles from Interstate 55, which sees 23,100 vehicles per day. The location is within an hour of downtown Chicago. Nearby retailers include McDonald’s, Dunkin’, Taco Bell, CVS Pharmacy, Ace Hardware, and Dollar General. O’Reilly Auto Parts is a publicly traded company with over 6,000 locations and an investment grade credit rating from S&P of BBB.

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Similar Places Nearby

J & A Transmission & Auto Services — 10 W Division St, Coal City, IL 60416
Absolute Automotive Services — 700 S Broadway St, Coal City, IL 60416
Bob's Advanced Auto & Tire, Inc. — 60 E Chestnut St, Coal City, IL 60416
Quality Auto Body — 97 N 1st Ave, Coal City, IL 60416
Tire Zone — 85 N 1st Ave, Coal City, IL 60416

Location Insight

Map
Local Demand

City: Coal City
County: Grundy
State: Illinois
Longitude: -88.27233
Latitude: 41.28858

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For sale
Auto shops
IL
Coal City
60416
860 E Division St

What type of property is this?

Auto shop - Net leased O'Reilly Auto Parts in Coal City, IL.

Where is this auto shop located?

The property is located at 860 E Division St Coal City, IL.

What is the asking price?

The asking price for this property is $2,110,000.

What are key features of this property?

This property features: Long‑term net lease with over 14 years remaining.; Investment‑grade credit rating (BBB from S&P) of O'Reilly Auto Parts (NASDAQ: ORLY).; Rent increases in year 11 and throughout the option periods.