Pinnacle Bank - Lebanon, TN (Baddour Pkwy)
1412 West Baddour Parkway, Lebanon, TN, 37087, US
HK$17,367,000 | 4,436 sf
Description
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the fee simple interest in O’Reilly Auto Parts located at 1907 S Stephenson Ave, Iron Mountain, MI (the "Property" or the “Asset"). O’Reilly Auto Parts operates under a 20-year NN lease with approximately 8.7 years of primary lease term remaining and three five-year renewal options each featuring 6% rental escalations. The property benefits from below-market rental rates, providing future upside for investors.
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Attributes
Building area net
7,200 sf
Occupancy
100%
Year built
2014
Land area gross
13.21 acres
WAULT
8.7 years
Media
Investment Highlights
- Strong tenant credit with market-leading position as one of the largest retailers in the automotive segment
- 8.7 years of primary lease term remaining with 6% annual rent escalations
- Top performing store with proven customer demand
- Neighbors Walmart Supercenter that attracts more than 2.2 million annual visits
- Ranks as 3rd most visited O'Reilly in a 50-mile radius
Contact brokers
O'Reilly Auto Parts - Iron Mountain, MI (0 Properties)
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Last updated
8 Jan 2026
