Charleston O’Reilly Auto Parts Store Sold


NAI Avant has brokered the acquisition of a freestanding 7,225 square foot store leased to O’Reilly Auto Parts that is located on Ashley Phosphate Road in Charleston. NAI’s James Harrison represented the undisclosed buyer, which purchased the property for $1.25 million. The seller’s name was not disclosed.

According to Loopnet:

– 20 year NN lease; landlord is only responsible for roof, structure and general liability insurance
– Contract Rent: $96,000 (13.29/sf) Years 1-10; $101,868 (14.08sf) Years 11-20
– lease commencing July 2009
– located on 1.03-acre site with concrete parking lot
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