Oreilly Auto Parts Nnn Top Performer — Sale in Springfield, OR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Springfield, OR 97478

Investment Figures

Cap rate
5.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Fresh 10-Year Lease Extension: - O’Reilly Auto Parts just signed an early 10-year lease extension, extending the base term expiration date to December 2037 - The 10-year lease extension further demonstrates the tenant’s commitment to the location Top Performing Location: - PlacerAI ranks this location in the top 99th percentile of all O’Reilly stores in the nation, ranking 18 of 6,145. - PlacerAI ranks this location as the second busiest store in the state, ranking 2 of 78. - 25+ year operating history as a auto parts store! Rare Abs. NNN O’Reilly Auto Parts - This is a rare Absolute NNN O’Reilly Auto Parts, with zero Landlord responsibilities O’Reilly Auto Parts: - 6,400+ locations nationwide - Investment Grade Credit Rating of BBB (S&P) - Recession-Resilient Business Model – O’Reilly Auto Parts benefits from consistent demand for vehicle maintenance and repair, performing well during both strong and weak economic cycles. - O’Reilly Auto Parts is widely considered the best overall performing company in the auto parts sector! Location / Springfield, OR: - Incredible demographics linear with target customer base o Population Density: 13,500+ (one-mile) | 50,000+ (three-mile) | 87,000+ (five-mile) - Located on a signalized intersection of Main St. & S 42nd St, which sees a combined traffic count of 37,700 cars per day! - Large 0.79 acre parcel with multiple access points Investment Highlights: • O'Reilly Auto Parts just signed an early 10-year lease extension, extending the base term expiration date to December 2037 • This is a rare Absolute NNN O'Reilly Auto Parts, with zero Landlord responsibilities • O'Reilly Auto Parts is widely considered the best overall performing company in the auto parts sector!

Market Context

This retail in Springfield, OR is listed for sale. It is offered at an approximate 5.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Springfield, OR — view the full market.

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