1293 Duncan Dr Tavares, FL 32778

This exceptional investment opportunity presents a fee-simple interest in a brand-new, 7,225 square-foot O'Reilly Auto Parts store located at 1293 S Duncan Dr, Tavares, FL 32778, within the Orlando MSA. The property sits on a 1.5-acre lot and boasts a newly executed 15-year net lease (commencing June 1, 2023, and expiring May 31, 2038) with O'Reilly Automotive Stores, Inc., a publicly traded company with a strong investment-grade credit rating. The lease includes four five-year renewal options, with a 6% rent increase in year 11 and each option period. The current annual net operating income (NOI) is $132,676, representing a 5.50% capitalization rate on the asking price of $2,412,290 ($333.88 per square foot). Built in 2023, this property benefits from the explosive population growth in the Orlando MSA and offers a passive, tax-free income stream in a desirable location. The 100% occupancy ensures immediate cash flow and long-term stability. This is a rare opportunity to acquire a high-quality, net-leased retail property anchored by a nationally recognized, investment-grade tenant. The property's strong fundamentals and favorable lease terms make it an attractive addition to any investment portfolio.