• Description
  • Details
Transwestern Commercial Services, Fort Worth, LLC is pleased to present for sale an O’Reilly Automotive Stores, Inc. single-tenant double net leased investment property consisting of approximately 9,014 square feet at 10129 US-431, New Hope, Alabama 35760 (“Property”). The building was constructed as a build-to-suit for Dollar General. However, after Dollar General relocated from the Property, a new ten (10) year lease was recently executed with O’Reilly Automotive. Rent for the first five (5) years is $63,098.04 per year with rent for the second five (5) years increasing by 6%. The lease expires August 31, 2029 providing more than nine and one-half years of remaining lease term. The Tenant has five (5) renewable options to extend the term of the Lease for a period of five (5) years each by providing Landlord ninety (90) days prior written notice. Each successive five (5) year lease extension shall be subject to an annual rent increase of 6% each.
  • Property Type : Retail
  • Property Size : 9,014
  • Year Built : 2019
  • Stories : 1
  • Typical Floor Size : 9,014
Bill Behr

Principal

Fort Worth, Texas

(817) 259-3519

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Available Space (1)

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Sqft
Rate
Type
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Lease Type
Cam Charges
10129 9,014 $1,051,634.00 Sale 9,014

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New Hope AL Flyer Flyer DOWNLOAD