O’Reilly Auto Parts of DeMotte

FOR SALE // New Construction 2022

DeMotte, IN

O'Reilly Auto Parts is located on State Highway 231 (Halleck Street) at the heart of DeMotte.

Trade Area: Chicago – Michigan City MSA

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Property Size

7,453 Square Feet

Availability

All units are currently leased

O’Reilly Auto Parts of DeMotte Leasing Plan

Square Footage
A

“BBB “ Standard & Poor’s Credit Rating Fortune 500 Company. Second largest auto parts chain in the US. The current market cap is over $45B, 2021 annual revenue is over $11.6B. Multi-year growth in both Sales and Net Worth.

Great Location – Located on U.S. Highway 231 (South Halleck Street) in the heart of the retail shopping, restaurant, and banking district. Nearby retailers include Strack &Van Til, CVS, Walgreens McDonalds, Pizza Hut, Taco Bell and more.

Minimal Landlord Responsibilities – This lease offers landlords a limited involvement because the tenant is responsible for taxes, insurance, HVAC, property maintenance and landscaping. The landlord’s responsibility is limited to the roof, slab, structure and parking lot.

This is a recession resistant and mandated essential business in a secure market with great visibility and strong traffic counts.

Price  $2,020,455 
Current Term Expires May 31, 2037 plus four (4) five-year options with 6% rental escalations
NOI $111,125
Cap Rate 5.50%
Leasable Area 7,453 s.f.
NN Roof (warranty through 2047), Structure, Foundation, Parking Lot

Broker of Record
John P. Fulkerson
Broker

License No. RB 14030404

(219) 863-8023

The Hamstra Group Realty LLC.
219/956-3111 ext. 234

DeMotte Demographics

  1 Mile 3 Mile 5 Mile
Population 2,787 6,793 12,903
Income $58,856 $62,973 $63,780

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