Auto Parts
O'Reilly Auto Parts
1061 Virginia Beach Blvd, Virginia Beach, VA 23451
Listing Price: $1,950,000
Investment Overview
* Corporately guaranteed O’Reilly Auto Parts located in Virginia Beach, Virginia with over 12 years remaining
* High traffic location - O’Reilly’s is located near the signalized intersection of Birdneck Road and Virginia Beach Boulevard - ADT of approximately 55,000 cars/day
* O’Reilly Auto Parts (NASDAQ: ORLY) was founded in 1957 and currently operate nearly 6,000 locations across the U.S. and Mexico - In 2022, O’Reilly reported revenue of $14.4 Billion with a net income of $2.17 Billion
* 6.0% rental increase in 2025
* Located less than 1 mile from the Virginia Beach shoreline - in 2021, Virginia Beach had over 11.5 Million visitors resulting in an economic impact of nearly $3.3 Billion dollars
* Located directly across the street from The Virginia Beach Convention Center (950K SF meeting space) and the newly developed Virginia Beach Sports Center, which is one of the largest indoor sports complexes on the East Coast totaling 285K SF with 5,000 spectator seats, 12 basketball courts, 24 volleyball courts, and a 200 meter hydraulic banked track
* Dense retail location - directly adjacent to a Food Lion/Dollar Tree/Workout Anytime center - other nearly retailers include: Dollar General, AutoZone, Dunkin’, McDonald’s, and the property is just a couple miles from Walmart, Target, Whole Foods, Kroger, PetSmart, and Trader Joe’s
* Approximately 1 mile off Interstate 264 - ADT of over 55,000 cars/day
* Near the Naval Air Station Oceana (NAS Oceana) - NAS Oceana has approximately 10,500 active Navy personnel, about 10,000 family members, and 4,500 civilian personnel, making NAS Oceana the second largest employer in Virginia Beach
* Virginia Beach currently has an MSA of approximately 1.7 million residents, with an expected growth of 2.8% by 2026
* Densely populated and highly affluent market - over 101,000 residents within a 5-mile radius with an average household income of over $110,000 (over $107,000 within a 3-mile radius)
* State of the art 7,544 +/- SF stone construction in 2015
* Lot size of 1.03 acres
Investment Highlights
- Corporately guaranteed O'Reilly Auto Parts located in Virginia Beach, Virginia with over 12 years remaining
- High traffic location - O'Reilly's is located near the signalized intersection of Birdneck Road and Virginia Beach Boulevard - ADT of approximately 55,000 cars/day
- O'Reilly Auto Parts (NASDAQ: ORLY) was founded in 1957 and currently operate nearly 6,000 locations across the U.S. and Mexico - In 2022, O'Reilly reported revenue of $14.4 Billion
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager
Listing Price: $1,950,000
Investment Highlights
- Corporately guaranteed O'Reilly Auto Parts located in Virginia Beach, Virginia with over 12 years remaining
- High traffic location - O'Reilly's is located near the signalized intersection of Birdneck Road and Virginia Beach Boulevard - ADT of approximately 55,000 cars/day
- O'Reilly Auto Parts (NASDAQ: ORLY) was founded in 1957 and currently operate nearly 6,000 locations across the U.S. and Mexico - In 2022, O'Reilly reported revenue of $14.4 Billion
Investment Overview
* Corporately guaranteed O’Reilly Auto Parts located in Virginia Beach, Virginia with over 12 years remaining * High traffic location - O’Reilly’s is located near the signalized intersection of Birdneck Road and Virginia Beach Boulevard - ADT of approximately 55,000 cars/day * O’Reilly Auto Parts (NASDAQ: ORLY) was founded in 1957 and currently operate nearly 6,000 locations across the U.S. and Mexico - In 2022, O’Reilly reported revenue of $14.4 Billion with a net income of $2.17 Billion * 6.0% rental increase in 2025 * Located less than 1 mile from the Virginia Beach shoreline - in 2021, Virginia Beach had over 11.5 Million visitors resulting in an economic impact of nearly $3.3 Billion dollars * Located directly across the street from The Virginia Beach Convention Center (950K SF meeting space) and the newly developed Virginia Beach Sports Center, which is one of the largest indoor sports complexes on the East Coast totaling 285K SF with 5,000 spectator seats, 12 basketball courts, 24 volleyball courts, and a 200 meter hydraulic banked track * Dense retail location - directly adjacent to a Food Lion/Dollar Tree/Workout Anytime center - other nearly retailers include: Dollar General, AutoZone, Dunkin’, McDonald’s, and the property is just a couple miles from Walmart, Target, Whole Foods, Kroger, PetSmart, and Trader Joe’s * Approximately 1 mile off Interstate 264 - ADT of over 55,000 cars/day * Near the Naval Air Station Oceana (NAS Oceana) - NAS Oceana has approximately 10,500 active Navy personnel, about 10,000 family members, and 4,500 civilian personnel, making NAS Oceana the second largest employer in Virginia Beach * Virginia Beach currently has an MSA of approximately 1.7 million residents, with an expected growth of 2.8% by 2026 * Densely populated and highly affluent market - over 101,000 residents within a 5-mile radius with an average household income of over $110,000 (over $107,000 within a 3-mile radius) * State of the art 7,544 +/- SF stone construction in 2015 * Lot size of 1.03 acres
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager

