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O’Reilly Auto Parts

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NNN Pro Group is pleased to present the exclusive listing for an O’Reilly Auto Parts located at 350 Cottage Street in Pawtucket, RI. The site consists of roughly 7,225 rentable square feet of building space on estimated 0.78-acre parcel of land. This O’Reilly Auto Parts is subject to a 20-year double-net (NN) lease, which commenced in October 2018. The current annual rent is $145,000 and is scheduled to increase by 6% in year 11 and in each of the 4, 5-year renewal options.

✓ Long-Term, 20-Year Absolute Double Net (NN) Lease
✓ Approximately 15.25 Years Remaining
✓ Build-to-Suit Building Constructed in 2018
✓ Six Percent (6%) Rental Increases Occurring Every Ten (10) Years
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years