Shopping Auto Center
O'Reilly Auto Parts - 459 S. Transit Road
S Transit Rd, Lockport, NY 14094
Listing Price: $2,900,000
Investment Overview
The offering presents the opportunity to acquire a single-tenant retail property leased to O’Reilly Auto Parts located at 459 S. Transit Road in Lockport, New York. The asset is secured by a newly executed 10-year lease, providing investors with stable, long-term income from a nationally recognized automotive retailer with more than 6,000 locations nationwide. Positioned along the highly trafficked Transit Road retail corridor, the property benefits from strong visibility, convenient access, and ample on-site parking to support daily customer traffic. The surrounding trade area features a strong mix of national retailers including Aldi, PetSmart, Five Below, Wendy’s, Burger King, OfficeMax, Tim Hortons, and Caliber Collision, creating a well-established retail environment that drives consistent consumer demand. With a proven national tenant and long-term lease structure, the offering provides investors with a stable retail investment in a well-established commercial corridor.
Investment Highlights
- Long-Term Lease Security: Newly signed 10-year lease with an 8% rent increase scheduled for February 2030.
- Ample On-Site Parking: Property offers convenient on-site parking to support customer traffic and daily operations.
- Strong Retail Synergy: Nearby retailers include Caliber Collision, Pep Boys, Aldi, PetSmart, Burger King, Wendy's, OfficeMax, Tim Hortons, Five Below, and TJ Maxx.
- National Tenant Strength: O'Reilly Auto Parts operates 6,000+ locations nationwide.
Listing Price: $2,900,000
Investment Highlights
- Long-Term Lease Security: Newly signed 10-year lease with an 8% rent increase scheduled for February 2030.
- Ample On-Site Parking: Property offers convenient on-site parking to support customer traffic and daily operations.
- Strong Retail Synergy: Nearby retailers include Caliber Collision, Pep Boys, Aldi, PetSmart, Burger King, Wendy's, OfficeMax, Tim Hortons, Five Below, and TJ Maxx.
- National Tenant Strength: O'Reilly Auto Parts operates 6,000+ locations nationwide.
Investment Overview
The offering presents the opportunity to acquire a single-tenant retail property leased to O’Reilly Auto Parts located at 459 S. Transit Road in Lockport, New York. The asset is secured by a newly executed 10-year lease, providing investors with stable, long-term income from a nationally recognized automotive retailer with more than 6,000 locations nationwide. Positioned along the highly trafficked Transit Road retail corridor, the property benefits from strong visibility, convenient access, and ample on-site parking to support daily customer traffic. The surrounding trade area features a strong mix of national retailers including Aldi, PetSmart, Five Below, Wendy’s, Burger King, OfficeMax, Tim Hortons, and Caliber Collision, creating a well-established retail environment that drives consistent consumer demand. With a proven national tenant and long-term lease structure, the offering provides investors with a stable retail investment in a well-established commercial corridor.