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427 Q St, Aurora, NE, 68818

O’REILLY AUTO PARTS
Closed

Key Information

Tot. SF
9,180
Year Built
2006
Term Remaining
±4.75 YRS
Type
Retail

Highlights

PROPERTY HIGHLIGHTS

  • SIGNIFICANT RECENT IMPROVEMENTS: The subject property has received over $60,000 in recent upgrades, including a new roof in 2024 and a $31,000 parking lot repair in 2023.
  • NN+ LEASE WITH MINIMAL LANDLORD RESPONSIBILITIES: The property is secured by a NN lease with minimal landlord responsibilities. With the roof and parking lot recently upgraded, this investment delivers stable, predictable cash flow, ideal for both local and out-of-state investors.
  • LOW PRICE POINT WITH HIGH CAP RATE: Priced below $1,000,000, this property offers a rare opportunity to acquire a single-tenant net lease (STNL) O’Reilly Auto Parts with the one of the highest cap rates among O’Reilly’s currently on market, providing exceptional value and yield for investors.
  • ROBUST RENT INCREASE SCHEDULE: The lease features 10% rent increases in the first three option periods, followed by a 6.06% increase in the fourth, providing strong income growth and inflation protection.
  • BELOW-REPLACEMENT-COST: With annual rent at $66,550, the property offers rents significantly lower than new O’Reilly build-to-suit properties, this low rent ensures a favorable rent-to-sales ratio for O’Reilly. This cost advantage supports O’Reilly’s profitability and long-term tenancy for beyond the initial lease term.
  • STRATEGIC B2B POSITIONING IN AGRICULTURAL HUB: Located in Aurora, NE, within Hamilton County—the third-highest corn-producing county in Nebraska—the property serves a robust agricultural market. O’Reilly’s OReillyPro.com B2B platform caters to local businesses, including ethanol plants and specialty food manufacturers, driving consistent demand.
  • BEST IN CLASS TENANT: O’Reilly Auto Parts has over 6,100 stores nationwide and holds an investment-grade credit rating of BBB (S&P 500). With a market cap of nearly $82 billion, O’Reilly’s stock ($ORLY) has seen a remarkable 225% increase over the past five years and is up approximately 15% YTD.

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Agents

Broker of Record

Kyle Matthews

License # 35320 (NE)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203