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

Video

Location