SIGNIFICANT LEASE EXTENSION: O’Reilly Auto Parts recently committed to a new 10-year lease extension effective April 1, 2025, which includes an extraordinary 70% rent increase. This long-term commitment underscores the store’s exceptional performance and its highly desirable location, where O’Reilly has operated successfully for over 20 years.
OUTSTANDING STORE PERFORMANCE: According to AlphaMap, this O’Reilly location ranks in the top 21% nationally, the top 10% in South Carolina,
and holds the #1 store in the city, showcasing its strong market position.
HIGH TRAFFIC COUNTS: Strategically situated along Clemson Boulevard, one of Anderson’s busiest thoroughfares. The subject property benefits from robust traffic counts exceeding 26,000 vehicles passing daily.
EXCEPTIONAL RETAIL SYNERGY: O’Reilly Auto Parts is surrounded by a strong mix of nationally recognized retailers, including Publix Super Market,
Walmart Supercenter, Sam’s Club, Chick-fil-A, Chipotle, Tractor Supply, Target, CVS, Lowe’s, and a planned Buc-ee’s just 1.5 miles away.
MINIMAL LANDLORD OBLIGATIONS: This investment offers minimal landlord responsibilities limited to roof, structure, and foundation. The roof was replaced in 2019 with durable TPO material, includes a 20-year manufacturer’s warranty and a 10-year workmanship warranty.
THRIVING MARKET: Anderson, SC is a rapidly growing market located approximately 25 miles southeast of Greenville and less than 20 miles from Clemson University. The area has experienced consistent population growth, averaging 1% annually over the past decade.
STRONG DEMOGRAPHICS: The Anderson market provides an ideal customer base for O’Reilly Auto Parts with over 65,000 residents within a 5-mile radius and an average household income of approximately $75,000.
BEST-IN-CLASS TENANT: O’Reilly Auto Parts operates over 6,000 stores nationwide and holds an investment-grade credit rating of BBB (S&P 500). With a market cap of nearly $70 billion, O’Reilly’s stock ($ORLY) has seen a remarkable 170% increase over the past five years and is up approximately 25% the past year.