Attachments
SECURE INCOME STREAM
- New 15-Year Corporate Lease, 6% Rent Increase in Year 11
- Investment Grade Tenant, Rated ‘BBB’ by S&P
- Brand New 2022 Construction, Latest Prototype Design with Minimal Landlord Responsibilities
- O’Reilly Has Reported 29 Consecutive Years of Comparable Store Sales Growth
- $13.33 Billion in Revenue in 2021, 13% Increase Over 2020
PROXIMITY
- 84,018 Residents in Growing Primary Trade Area
- Excellent Access and Visibility to 58,185 Cars/Day Along Highway 60 and Paul Huff Parkway
- 89,241 Total Daytime Population within Trade Area
- Minutes to Cleveland State Community College (4,800 Students) and Lee University (5,204 Students)
- Close Proximity to I-75 with 47,898 Cars/Day and Direct Access to Chattanooga
- 3 Miles to Tenova Healthcare Medical Center, a 183-Bed Hospital with 1,157 Employees
- Surrounded by Several K-12 Schools with 3,442 Combined Students
STRONG MARKET FUNDAMENTALS
- Strategically Located Along Highway 60, Undergoing a $54M Road Widening Project to Create a Five-Lane Roadway
- High-Growth Market, Populated Expected to Increase Over 10% in Chattanooga MSA by 2030
- Major Economic Drivers Include Manufacturing and Healthcare Sectors, 13 Fortune 500 Companies in Cleveland
- Nearby Employers Include Whirlpool, Amazon, Volkswagen, Coca Cola, Mars and Others
- 30 Miles to Downtown Chattanooga and Volkswagen’s $1B+ Plant with 3,200 Employees