Property Description
SECURE STREAM OF INCOME
- 12.75 Years Remaining on 20-Year Lease – 6% Rent Increase in 2028
- High-Performing and Seasoned Location in 99th Percentile of O’Reilly Stores in Florida – 97th percentile of O’Reilly stores nationwide (Placer.ai)
- 2018 Block Construction with Design Upgrades – Minimal landlord responsibilities for roof and structure
- Investment Grade Credit Rated Tenant – Rated ‘BBB’ by Standard & Poor’s
- $16.708 Billion in Annual Revenue for 2024 – A 5.67% increase over 2023
- O’Reilly Auto Parts Has Reported 32 Consecutive Years of Comparable Store Sales Growth – Since becoming a public company in April 1993
PROXIMITY
- 100,984 Residents in Growing Trade Area – Population increased 45% since 2010
- Lehigh Acres Currently Has 38 Active Developments Encompassing Over 2.6M SF of Commercial Space – Notable projects include Savannah Lakes (a mixed use development approved for 1,468 single-family units) and 100,000 SF of commercial space; Sunniland Town Center (810 single-family units and 100,000 SF of commercial space)
- Excellent Access and Visibility to 29,000 VPD – Surrounded by national tenants including Publix, Walmart, Save a Lot, McDonald’s, and Wells Fargo
- 1.08 Acre Lot on Outparcel to Sunshine Plaza with 1.7M Annual Visitors – Anchored by Fresco y Mas, Ace Hardware, Family Dollar and Circle K
- 14 Miles East of Fort Myers – Lehigh Acres is the 20th largest community in Florida
- Surrounded by Several K-12 Schools – 19,226 Combined Students
