Nearon Enterprises buys new O'Reilly store

By Business Observer Staff
| 6:17 a.m. March 15, 2013
| 0 Free Articles Remaining!

Tampa Bay-Lakeland

BUYER: Hillsborough Tampa Holdings LLC (Nearon Enterprises), Danville, Calif.
SELLER: Hupp Retail Hillsborough LLC
PROPERTY: 4315 W. Hillsborough Ave., Tampa
PRICE: $1.8 million
PREVIOUS PRICE: $625,000, July 2012

PLANS, DESCRIPTION:
Danville, Calif.-based Nearon Enterprises purchased a newly built O'Reilly Auto Parts store for $1.8 million.

The price equated to $252 per square foot. That figure is higher than the two-year average price per square foot for retail space ($146) in the Tampa Bay area, according to the CoStar Group.