O’Reilly Auto Parts

Single-Tenant O’Reilly Auto Parts with Corporate-Backed Rent: Investment-Grade National Tenant with a Long Operating History and Strong Credit Profile
Modern Construction: Built in 2018 Featuring O’Reilly’s Current Prototype Design
Long-Term Lease with Strong Remaining Term: Original 20-Year Lease with ±13 Years Remaining; Lease Expires on May 31, 2039
Stable In-Place Income with Contractual Growth: Current NOI: $145,000 Annually ($12,083.33/Month); 6.00% Rent Increase Effective June 1, 2029, Increasing NOI to $153,700 Annually
Multiple Renewal Options with Fixed Escalations: Four (4) 5-Year Renewal Options; Each Option Period Features a 6.00% Rental Increase, Providing Long-Term Inflation Protection
Limited Landlord Responsibilities: Landlord Responsible for Roof, Structure, and Parking Lot Only; Passive Ownership Profile with Minimal Management Obligations
High-Traffic Retail Location: Positioned at a signalized intersection with ±15,700 vehicles per day (VPD); Strong visibility and access supporting long-term tenant performance
Essential, Recession-Resistant Retail: Auto parts retail benefits from consistent demand across economic cycles
Supply-Constrained Market: Limited availability of comparable O’Reilly Auto Parts assets, enhancing investor demand
Fee Simple Ownership: No ground lease or leasehold interest

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