117 G SE St Quincy, WA 98848-1555
Property profile & analytics
117 G SE St Quincy, WA 98848-1555
- Commercial land
- 0.13 lot acres
Property ID
US90-2352323
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial land
Property Details for 117 G SE St
- Lot size
- 0.13 lot acres
- Property type
- Commercial land
- APN
- 40597000
- APU
- 40597000
Description
This exceptional investment opportunity presents a 7,125 square foot O'Reilly Auto Parts, built in 2023, situated on a 0.64-acre lot in Quincy, Washington. The property boasts a prominent location with significant frontage on WA-28, a major thoroughfare. The 15-year net lease with O'Reilly Auto Enterprises, LLC (a subsidiary of Nasdaq: ORLY, with an S&P rating of BBB+), includes four 5-year renewal options, each with a 6% rent increase commencing in year 11. The property generates a strong NOI of $131,946, representing a 6.00% cap rate on the $2,199,000 asking price. The building is a recent build-to-suit, reflecting the tenant's latest prototype. The property offers 27 parking spaces and benefits from its location in a thriving economic area, home to major employers like Boeing, Microsoft, and Intuit, as well as significant agricultural activity. Its proximity to popular tourist destinations, The Gorge Amphitheatre and Crescent Bar, further enhances its appeal. This is a resilient investment, given the recession-resistant nature of the auto parts industry and the strong creditworthiness of the tenant. The property's strong financials and location make it an attractive addition to any portfolio.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Quincy
- County
- Grant
- State
- Washington
- Longitude
- -119.85
- Latitude
- 47.2334
- CBSA code
- 34180
- CBSA name
- MOSES LAKE, WA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$58,160
$0.00
$58,160
-
$58,160
$0.00
$58,160
