BTS O'Reilly Auto Parts | New 15-Yr Lease w/ Above Avg Rent | 2nd Fastest Growing FL County

Description

Build-to-Suit Construction on Over-Sized 1.62±AC Parcel | Brand-New Corporate-Signed 15-Year Lease with Four (4), 5-Year Extension Options | Notably Above Average Rent. Located on S Orange Blossom Trail, a major thoroughfare in Kissimmee, FL, known for its high traffic volume and visibility. The area also offers convenient access to major highways, with Interstate 4 and the Florida Turnpike nearby, providing easy connectivity to other parts of the state and beyond. Osceola County is the 7th Fastest Growing County in the U.S. and 2nd Fastest Growing County in Florida. Site is also located a few miles away from #1 Fastest Growing County in FL [Polk County].

Highlights

Notably Above Average Rent | Lease calls for a six (6) percent Rental Increase in Year 11, and at beginning of each Renewal Option Period

Investment Grade Tenant, Rated 'BBB' by S&P / BAA1 (Moody's) [Nasdaq: ORLY]

Direct Frontage to US HWY 17 providing Exposure to Over 29,500±Vehicles per Day [South Orange Blossom Trail / US HWY 17 - 92]

Auto parts stores historically perform well in all phases of the market cycle due to the 281.9 million vehicles on the roads in U.S.

Osceola County is the 7th Fastest Growing County in the U.S. and 2nd Fastest Growing County in Florida

Additional URLs

• https://www.crexi.com/properties/1287082/florida-oreilly-auto-parts