Marketing Description
Furman Capital Advisors is pleased to offer the opportunity to purchase 100% fee simple interest in O’Reilly Auto Parts located in Leitchfield, Kentucky.
Investment Highlights
- Long-Term NN Lease with Rent Growth: Tenant has +/-16 years remaining on their initial 20 year term with scheduled rent increases beginning in year 11.
- Great Visibility: Located directly on US 62. The site is approximately 2 miles outside of downtown Leitchfield.
- Strong Publicly Traded Tenant: O’Reilly Automotive Stores, Inc. (NASDAQ: ORLY) is the largest auto-parts retailer by market capitalization with 5,000+ locations in 47 states.
- Investment Grade Tenant: Standard & Poor’s credit rated as BBB with annual revenue of over $9.5 Billion.