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See below list of NNN O’Reilly Auto Parts For Sale

St. Cloud, FL
15-Year Corporate Lease, 6% Increases Every 5 Years Beginning in Year 11. ​Investment Grade Credit Tenant, Rated ‘BBB’ by S&P. ​Brand New Upgraded Block Construction, Minimal Landlord Responsibilities.
Price: $2,750,000
Status: Available
CAP: 5.00%
Years Left: 15
Lease Type:
Fairfield, CA

Out pad to a FoodMaxx anchored center. ​Staple in the community having operated at this location since 1997. ​Located only 5 miles from the gate to Travis Air Force Base, the region’s largest employer. ​Standard & Poor’s BBB+ rated.

Price: $2,594,100
Status: Available
CAP: 5.75%
Years Left: 6.5
Lease Type:
Richmond, VA

6% Rental Increase in Year 11 and Each Option. 26,000 + Vehicles Per Day Traffic Counts. Rare 20 Year Initial Lease Term. 182,000+ Residents with Average HHI of $87K + within 5 miles. Hard Corner Traffic Lit Intersection Parcel.

Price: $2,420,496
Status: Available
CAP: 5.00%
Years Left: 20
Lease Type:
Bowling Green, KY

The Subject Property is exceedingly well located directly off Scottsville Road (20K VPD), right next to Greenwood High School; 5A High School with 1,300 enrolled students.​ Bowling Green is ~60 miles north of Nashville and 100 miles south of Louisville.​

Price: $2,880,000
Status: Available
CAP: 5.00%
Years Left: 14.1
Lease Type:
Prestonsburg, KY

​Ideal Auto Parts Demographics. S&P Investment Grade Credit Rating (BBB Stable). Essential Retailer and Recession Resistant Business. Lease with 4, 5-Year Options. Single Tenancy. 20 years NN Lease. 7,225 Square Footage. 0.76 acres lot size.

Price: $1,676,000
Status: Available
CAP: 5.65%
Years Left: 16.5
Lease Type:
Bensenville, IL

Lease commencing in January 2021. Brand new construction completed in December 2020 with the new O’Reilly prototype which includes; 20-year roof warranty and 10-year HVAC warranty. Located on Irving Park Rd. which sees 31,500+ VPD and provides direct access to Chicago.

Price: $2,960,000
Status: Available
CAP: 5.25%
Years Left: 15
Lease Type:
Onalaska, TX

New Construction – January 2021. Five 5-year renewal options with a 6.00% increase in year 11 and for each renewal option term. ​Virtually zero landlord responsibilities – perfect for passive and/or 1031 investors. ​Texas is an income tax free state.

Price: $2,175,765
Status: Available
CAP: 5.25%
Years Left: 15
Lease Type:
Essexville, MI

Strong retail corridor featuring Kroger, Jo-Ann Fabrics, Walgreens, McDonald’s, and General Motors. Five (5) years remaining on a NN lease with below market rent; one, 5-year renewal remaining with an 11% rent increase.

Price: $901,000
Status: Available
CAP: 6.65%
Years Left: 5
Lease Type:
Panama City, FL

15 Years Remaining / 6% Increase in Year 11& the Four, 5 Year Options. Frontage on Thomas Drive the Major Thoroughfare in Panama City with over 27,000+ vehicles per day. Households 51,000+ and an Average Household Income of $68,000+.

Price: $2,770,455
Status: Available
CAP: 5.15%
Years Left: 14.5
Lease Type:

As a leading U.S. auto parts retailer, NNN OReilly Auto Parts continues to offer automotive aftermarket parts, tools, supplies, equipment, and accessories for the commercial and residential markets. They’re also a desirable investment for net lease investments, considering that they typically offer long term primary structures of twenty years. This may include rental price bumps, 4-5 separate options to renew, and are usually ranked investment-grade. 

NNN Oreilly Auto PartsFor investors that are interested in other auto parts tenants, consider NNN AutoZone or NNN Advanced Auto Parts. If you have a specific criteria fill out the form to the right or below to speak with one of your specialist to discuss your investment criteria

Pros

• NNN leasing terms available

• Tenant is investor-grade

• Company guarantees

• Prime city and rural real estate

Cons

• Landlord obligations with some NN leases

Tenant Description

As one of the top automotive parts industry retailers, O’Reilly Auto Parts (NYSE: ORLY) continues to experience substantial sales revenues with a giant selection of products. From OEM and after-market, to tooling, maintenance equipment, and professional grade accessories, they have strengthened their distribution hubs across the U.S. since the mid twentieth century.

Back in 1957, O’Reilly started in Springfield, MO with just one store. Corporate headquarters operates there even today, now comprised of over 4700 locations in forty five states, with twenty seven distribution centers as of 2016.

Over time, their focus on multiple market approaches included DIY (do-it-yourself), DIFM (do-it-for-me) and PSP (pro service providers). Out of those, approximately 42 percent of sales originates from the professional service provider sector.

Due to the fact auto parts stores will continue servicing aging vehicles on the road, they will have higher demand on average. This usually leaves little in the way of investor grade options available with reasonable pricing. Along with dollar stores, there are not many opportunities under two million dollars and these tend to be exceptions to the rule.