O’Reilly Auto Parts Lake Charles, LA

4180 Gerstner Memorial Drive
Lake Charles, LA

Price: $2,047,000
Cap Rate: 5.50%
NOI: $112,569
Building Size: Approx. 7,453 Sq. Ft.
Lot Size: Approx. 1 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Parts
Year Built: 2023

Investment Overview

  • 2023 Construction. 7,453+/- SF Building on 1.0+/- Acre Site
  • Brand New 15 Yr Corporate Net Lease w/ (5) 5 Yr Renewal Options
  • O’Reilly is a Recession-Resilient Tenant Experiencing Tremendous Growth
  • Excellent Location off of Gerstner Memorial Dr. (17K VPD) Near E McNeese St (11K VPD)
  • Subject Property is Within 0.5 Miles of 3 National Car Dealerships
  • O’Reilly Auto Parts has an S&P BBB+ Credit Rating & More Than 6,000 Locations
  • Lake Charles  |  Home to More Than 75 Annual Festivals  |  Population: 81,000+

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