O’Reilly Auto Parts of DeMotte
FOR SALE // New Construction 2022
O'Reilly Auto Parts is located on State Highway 231 (Halleck Street) at the heart of DeMotte.
Trade Area: Chicago – Michigan City MSA
7,453 Square Feet
O’Reilly Auto Parts of DeMotte Leasing Plan
“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.
|Current Term Expires||May 31, 2037 plus four (4) five-year options with 6% rental escalations|
|Leasable Area||7,453 s.f.|
|NN||Roof (warranty through 2047), Structure, Foundation, Parking Lot|
Broker of Record
John P. Fulkerson
License No. RB 14030404
The Hamstra Group Realty LLC.
219/956-3111 ext. 234