51101 Highway 6 & 24, Glenwood Springs
O’Reilly Auto Parts occupies the entire 6,463 SF of this property under a net lease lasting until 2026. Included with this lease is a 10% increase in rent every five years, with the next rise occurring in October of 2021. This lease is guaranteed corporately by O’Reilly Auto Parts.
The tenant is responsible for taxes, insurance, common area maintenance expenses such as snow removal. The landlord is only responsible for structure, roof, and parking lot replacement and repairs.
Jorge Espinoza and the Colorado Group have been selected to exclusively market for sale a net leased O’Reilly Auto Parts investment property located in Glenwood Springs, Colorado.