O'Reilly Auto Parts | STNL Investment Grade Credit Tenant

For Sale

9429 NC-127, Hickory, NC 28601

This Hickory property for sale is located at 9429 NC-127. The current listed sale price for O'Reilly Auto Parts | STNL Investment Grade Credit Tenant is $1,859,000. O'Reilly Auto Parts | STNL Investment Grade Credit Tenant is situated on a lot that is 0.82 square feet in size.

Contacts

broker

Eric Carlton

broker

Jereme Snyder

Colliers

(949) 724-5552

broker

Bryan Johnson

Property Details

  • Property Type Retail
  • Lot Size 0.82 SF
  • Date Updated Apr 25, 2024

The SnyderCarlton Team is pleased to offer to qualified investors an opportunity to purchase an investment grade single tenant net leased asset that is fully occupied by O’Reilly Auto Parts (NASDAQ: ORLY) with over 15.5 lease years remaining. Located in Hickory, NC, the property comprises a ~7,225 SF building on a 0.82-acre lot and is positioned as an outparcel to the grocery anchored shopping center, Bethlehem Village Shopping Center. The property benefits from easy access and good visibility along State Route 127 as well as being the primary daily needs retail destination serving the surrounding community. This is an excellent opportunity to own an investment grade credit tenant (NASDAQ: ORLY – rated “BBB+” by S&P) with over 15.5 years of lease term remaining, 10% rental increases every 5 years and minimal landlord management responsibilities.

Available

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Getting around

  • 42/100

    Walk Score ®

  • 28/100

    Bike Score ®

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Location

  • City Hickory, NC
  • Neighborhood Olivers Landing
  • Zip Code 28601

Points of Interest

  • Speedway

    1.77 miles

  • Sheetz

    4.61 miles

  • Murphy's

    5.66 miles

  • Mel's Superette

    5.82 miles

  • RaceWay

    5.85 miles

  • Sunoco

    6.02 miles

  • Exxon

    6.61 miles

  • Speedway

    6.62 miles

  • RaceWay

    6.86 miles

  • Sun Express

    6.97 miles

  • Wild Wok Asian Bistro

    3.30 miles

  • Bojangles'

    3.41 miles

  • J McCroskey's Irish Pub & Grill

    3.44 miles

  • Pizza Hut

    3.44 miles

  • Papa Murphy's

    3.51 miles

  • McDonald's

    3.88 miles

  • Mekvilai

    3.91 miles

  • Hickory Smoke House BBQ

    3.92 miles

  • Firehouse Subs

    4.03 miles

  • Domino's

    4.47 miles

  • Lowes Foods

    3.34 miles

  • Lowes Foods

    3.43 miles

  • Health Hut

    3.90 miles

  • Fresh Air Galaxy

    4.46 miles

  • Walmart Neighborhood Market

    4.54 miles

  • Food Lion

    4.55 miles

  • Lowes Foods

    4.82 miles

  • Walmart Supercenter

    5.54 miles

  • Food Lion

    7.00 miles

  • Fair Value

    7.15 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact O'Reilly Auto Parts | STNL Investment Grade Credit Tenant