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.
Photos
Location
Agents
Broker of Record
Kyle Matthews
License # 35320 (NE)
Matthews Real Estate Investment Services, Inc1600 West End, Ste. 1500 Nashville, TN 37203