163 South St | Pittsfield, MA 01201
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163 South St
Pittsfield, MA 01201
O'Reilly Auto Parts Anchored Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- CORPORATE LEASE GUARANTY FROM O’REILLY AP (OCCUPIES 73% OF GLA) | STRONG INVESTMENT GRADE CREDIT (S&P: BBB) & PUBLICLY TRADED CO. (NASDAQ: ORLY)
- PRISTINE PROPERTY CONDITION | NO FUTURE DEFERRED MAINTENANCE | NEW ROOF (TRANSFERABLE WARRANTY), FACADE, PARKING LOT, & HVAC UNITS | IN-PLACE MGT
- LIMITED COMPETITION FOR O’REILLY – PULLS BUSINESS FROM ENTIRE SOUTHERN PORTION OF TRADE AREA
- NEW 15 YEAR NNN LEASE WITH O’REILLY | DESIRABLE MULTI-TENANT RETAIL INVESTMENT PLATFORM - HEDGES INCOME STREAM IN RARE EVENT OF A VACANCY
- STRATEGIC PROPERTY LOCATION FOR TENANTS O’REILLY & BERKSHIRE MEDICAL | LESS THAN 1 MILE FROM BERKSHIRE MEDICAL CENTER (302 BEDS)
- PITTSFIELD, MASSACHUSETTS – LOCATED IN THE HEART OF THE BERKSHIRE MOUNTAINS | LARGEST CITY IN BERKSHIRE COUNTY & BERKSHIRE MOUNTAINS
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,760 SF
Building Class
B
Year Built/Renovated
1993/2024
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.89 AC
Zoning
BG
Parking
66 Spaces (4.8 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Signage
- Monument Signage
PROPERTY TAXES
| Parcel Number | PITT-000008H-000007-000001 | Improvements Assessment | $1,595,783 |
| Land Assessment | $276,201 | Total Assessment | $1,871,985 |
PROPERTY TAXES
Parcel Number
PITT-000008H-000007-000001
Land Assessment
$276,201
Improvements Assessment
$1,595,783
Total Assessment
$1,871,985
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