What is the asking price for O'Reilly Auto Parts | 15-Year Corporate Guaranteed | 5.75% Cap Rate?

The lease rate for space here is $1,842,000.

What is the total size of O'Reilly Auto Parts | 15-Year Corporate Guaranteed | 5.75% Cap Rate?

The property has a total square footage of 7,225 SF.

When was this property built?

O'Reilly Auto Parts | 15-Year Corporate Guaranteed | 5.75% Cap Rate was built in 2021.

How many parking spaces are available at O'Reilly Auto Parts | 15-Year Corporate Guaranteed | 5.75% Cap Rate?

Parking information for the property isn't currently listed.

728 Parkway Dr, Salyersville, KY 41465

For Sale $1,842,000
Property Type Retail
Property Size 7,225 SF
Lot Size 0.94 SF
Parking Spaces Avail. 12
Year Built 2021
Date Updated Oct 21, 2026

Description

Twist Capital Team of Colliers is pleased to present the fee simple interest in a freestanding O’Reilly Auto Parts at the hard corner of Ward Road and Parkway Drive in Salyersville, Kentucky, the seat of Magoffin County. The store was built to suit for O’Reilly in 2021 as the company’s current prototype and is subject to a 15-year corporate guaranteed lease with about 10 years of primary term remaining, a 6% rental increase in July 2031, and 6% increases at the start of each of the four 5-year renewal options.
The offering is priced at $1,842,000, a 5.75% capitalization rate on current net operating income of $105,904. The seller will carry 50% of the purchase price at 4.75% interest only for 5 years. Those terms do not exist in today’s lending market, and they change the return profile of this deal entirely.

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