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Auto Parts

O'Reilly Auto Parts | Corporate O'Reilly (NASDAQ:ORLY) Guaranteed Lease

117 G St SE, Quincy, WA 98848

Listing Price: $2,399,000

Cap Rate
5.50%
Tenant Name
O'Reilly Auto Enterprises, LLC
Years Remaining On Lease
13.9
Gross SF
7,125
Guarantor
Corporate Guarantee
Rentable SF
7,125
Price/Gross SF
$336.70
Lease Type
Double Net
Rent Per Square Feet
$18.52

Investment Overview

O’Reilly Automotive, Inc. (NASDAQ: ORLY) is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, serving both professional service providers and do-it-yourself customers.

Quincy is a city in Grant County, Washington, situated east of the Columbia River on State Route 28 and north of Interstate 90. Its central Washington location places the city in close proximity to outdoor recreation opportunities, including boating, skiing, hunting, and fishing.

Investment Highlights

  • New 15-Year Corporate O'Reilly (NASDAQ: ORLY) Guaranteed Lease
  • 6 Percent Rental Increases in Year 10 of Lease Term and in Multiple Renewal Options
  • Excellent Frontage Along State Highway 28 (Over 15,200 Cars per Day), Quincy's Primary East/ West Thoroughfare
  • Quincy is Home to a Strong Industrial Economy, with Numerous Data Centers and Large Agricultural and Logistic Employers
  • Rapidly Growing Trade Area with Households and Population Projected to Increase Nearly 10 Percent in a One-Mile Radius by 2027
  • Situated Along Quincy's Main Retail Corridor in Close Proximity to National Tenants: McDonald's, AutoZone, Burger King, Ace Hardware, and More
  • Located Within a 25-Minute Drive of The Gorge Amphitheatre and Crescent Bar Resort and Campground, Two Major Tourist Attractions
  • Average Household Income Exceeds $77,000 Within Five Miles of the Subject Property

Exclusively Listed By

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s) WA: 25469

    Washington

Financing By

Auto Parts

O'Reilly Auto Parts | Corporate O'Reilly (NASDAQ:ORLY) Guaranteed Lease

Listing Price: $2,399,000

Cap Rate
5.50%
Tenant Name
O'Reilly Auto Enterprises, LLC
Years Remaining On Lease
13.9
Gross SF
7,125
Guarantor
Corporate Guarantee
Rentable SF
7,125
Price/Gross SF
$336.70
Lease Type
Double Net
Rent Per Square Feet
$18.52

Investment Highlights

  • New 15-Year Corporate O'Reilly (NASDAQ: ORLY) Guaranteed Lease
  • 6 Percent Rental Increases in Year 10 of Lease Term and in Multiple Renewal Options
  • Excellent Frontage Along State Highway 28 (Over 15,200 Cars per Day), Quincy's Primary East/ West Thoroughfare
  • Quincy is Home to a Strong Industrial Economy, with Numerous Data Centers and Large Agricultural and Logistic Employers
  • Rapidly Growing Trade Area with Households and Population Projected to Increase Nearly 10 Percent in a One-Mile Radius by 2027
  • Situated Along Quincy's Main Retail Corridor in Close Proximity to National Tenants: McDonald's, AutoZone, Burger King, Ace Hardware, and More
  • Located Within a 25-Minute Drive of The Gorge Amphitheatre and Crescent Bar Resort and Campground, Two Major Tourist Attractions
  • Average Household Income Exceeds $77,000 Within Five Miles of the Subject Property

Investment Overview

O’Reilly Automotive, Inc. (NASDAQ: ORLY) is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, serving both professional service providers and do-it-yourself customers. Quincy is a city in Grant County, Washington, situated east of the Columbia River on State Route 28 and north of Interstate 90. Its central Washington location places the city in close proximity to outdoor recreation opportunities, including boating, skiing, hunting, and fishing.

Exclusively Listed By

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s): WA: 25469

    Washington

Financing By

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