O'Reilly Auto Parts

Long-Term Lease Extension: Tenant recently executed a 10-year lease extension through April 2035, with three additional five-year renewal options, extending potential occupancy through 2050 and demonstrating long-term operational commitment.
Strong Retail Synergy: Strong retail synergy with surrounding national tenants, including Walmart, Taco Bell, McDonald’s, Burger King, Ace Hardware, Tractor Supply, and more.
Affluent Trade Area: Healthy average household income of $73,472 within a five-mile radius.
Passive Investment Structure: Tenant is responsible for CAM, real estate taxes, insurance, HVAC, and parking lot maintenance, providing a low-management, passive investment structure.
Investment-Grade Tenant: The lease is corporately guaranteed by O’Reilly Automotive, Inc. (S&P: BBB+), a publicly traded, investment-grade company with an approximate $75 billion market capitalization and a footprint of 6,100+ stores across the U.S., Mexico, and Puerto Rico.
Essential Retailer Resilience: As an essential retailer, O’Reilly Auto Parts maintained continuous operations and rent payments throughout the COVID-19 pandemic, demonstrating resilience across economic cycles and sustained investor appeal within the net lease sector.
High Traffic Location: The property benefits from ±16,200 vehicles per day, providing excellent visibility and access.
Fee Simple Ownership: The property is offered as fee simple, providing full ownership rights to the buyer.

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