KRAGEN AUTO PARTS
10050 Fairway Drive
Roseville, CA 95661
Listed Price: $4,080,587 / 5.45% Cap / $222,392 NOI
PROJECT HIGHLIGHTS:
· Brand new construction -- Kragen Auto Parts (O’Reilly*) and Larry’s Comfort Shoes stores have opened!
· Triple net leases w/ increases.
· 15-year lease with options.
· Ideal for 1031 Exhange.
· Located in the heart of one of California’s strongest & most unique shopping districts.
· Very strong demographics / $100,997 average household income.
· To be delivered debt-free.
PROJECT OVERVIEW:
Kragen is in the process of being acquired by the higher credit O’Reilly Auto Parts* chain. ±36,000 sf parcel with ±7,270 sf building leased to Kragen Auto Parts and Larry’s Comfort Shoes. Triple net leases with increases every five years. Located on Fairway Drive at signalized intersection directly across from Home Depot and, five major power centers and the Roseville Galleria Mall located nearby totalling ±4,000,000 square feet of national retailers. The list of nearby retailers is long and powerful including Home Depot, Lowes, Costco, Kohls, Target, Sam’s Club, Super Walmart, Best Buy, EXPO, Barnes and Noble, REI, Sports Authority, Sports Ct, Sportsmen’s Warehouse, RC Wiley, Mervyn’s, Staples, Winco, Macy’s and Nordstrom.
For more information:
Bob King, CCIM
(916) 669-4504
(916) 943-2264 Fax
bking@tricommercial.com
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