Contacts
Eric Carlton
Jereme Snyder
Peter Block
Property Details
- Property Type Other
- Lot Size 0.74 SF
- Additional Rent Contact for pricing
- Date Updated Nov 24, 2024
The Snyder Carlton National Net Lease Team is pleased to offer to investors an opportunity to acquire the single tenant net leased O’Reilly Auto Parts in Coal City, IL. O’Reilly Auto Parts is a publicly traded company (NASDAQ: ORLY) with over 6,000 locations and has an investment grade credit rating from S&P of BBB. The long-term net lease has over 14 years remaining in the primary term with four 5-year option periods and rent increases in year 11 and every option period creating inflation resistant cash flows for years to come.
The 7,225 SF building on 0.74-acre parcel is located on E Division Street, which sees 12,800 VPD, is only 2 miles from Interstate 55 (23,100 VPD) and is within an hour from downtown Chicago (MSA population exceeding 9.5 million). Nearby retailers include McDonald’s, Dunkin’, Taco Bell, CVS Pharmacy, Ace Hardware and Dollar General. This is a great opportunity to purchase a long term net leased O’Reilly Auto Parts in the Chicago MSA with a corporate guarantee, rent increases, and limited landlord responsibilities providing years of inflation resistant income.
Available
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Attachments
Getting around
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38/100
Walk Score ®
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40/100
Bike Score ®
Location
- City Coal City, IL
- Neighborhood Coal City
- Zip Code 60416
- Market Chicago
Points of Interest
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Shell
0.18 miles
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BP
0.67 miles
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Casey's General Store
3.49 miles
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Petro
5.54 miles
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Mobil
6.75 miles
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Casey's
8.28 miles
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Goose Lake Prairie State Natural Area
5.56 miles
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Boat launch
9.00 miles
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Gebhard Woods State Park
9.86 miles
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Midewin National Tallgrass Prairie Iron Bridge trailhead
9.96 miles
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Knights Inn
5.71 miles
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Van Duyne Motel
6.54 miles
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Berkot's Super Foods
0.73 miles
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Valle's Produce
6.91 miles
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Jewel-Osco
9.11 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.
