OhioNet Lease Cooper Commercial sells auto parts store in Ohio December 10, 2019 Share on Facebook Share on Twitter Share on LinkedIn Share via email The Cooper Commercial Investment Group closed the sale of a single-tenant O’Reilly Auto Parts in Kenton, Ohio. O’Reilly’s lease commenced on Jan. 20, 2019, on a 20-year NNN structure with a mid-term rental increase. It also offers rental increases in each option period. Dan Cooper, president and broker of the Cooper Commercial Investment Group, represented the seller, a private preferred developerd in the Midwest. The public REIT buyer for the property was found prior to marketing the asset. The asset was purchased for $1.8 million, representing a 5.59 percent CAP rate and about 93 percent of list price.