Close of Escrow: O’Reilly Auto Parts in Jonesboro, AR

Close of Escrow: O’Reilly Auto Parts in Jonesboro, AR

SIG is pleased to announce the recent Close of Escrow on O’Reilly Auto Parts located in Jonesboro, Arkansas.

Investment Highlights Include:

  • Modified NNN Lease with Minimal Landlord Responsibilities
  • 4 Years Remain on the Lease
  • (4) x 5-Year Options to Renew
  • 5% Rent Increase at Options
  • Excellent Visibility with 170ft of Street Frontage on E. Johnson Ave with Nearly 20,000 Vehicles Per Day
  • Located 2 Miles from Arkansas State University with a Current Enrollment of 13,500+ Students and 1,500+ Employees
  • Neighboring Tenants Include: Bill’s Fresh Market, Dollar General, Family Dollar, Exxon, St. Bernards Clopton Clinic, St. Bernards Medical Center and UAMS Family Medical Center

Closing Price: $760,000
Closing CAP:  8.00%

Listing Agents: Chris Naylon and Kaveh Ebrahimi

For More Information Contact:

Chris Naylon
Lic #01839132
310.438.5525
cnaylon@SIGnnn.com

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