Auto Parts
O'Reilly Auto Parts | NNN | Top Performer
4199 Main St, Springfield, OR 97478
Listing Price: $3,291,000
Investment Overview
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!
Exclusively Listed By
Broker of Record
-
David Tabata
Managing Director, Market Leader - Oregon
Financing By
Listing Price: $3,291,000
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!
Investment Overview
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
Exclusively Listed By
Broker of Record
-
David Tabata
Managing Director, Market Leader - Oregon
Financing By