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Shopping Auto Center

O'Reilly Auto Parts - 459 S. Transit Road

S Transit Rd, Lockport, NY 14094

Listing Price: $2,900,000

Cap Rate
6.21%
Gross SF
14,832
Rentable SF
14,832
Price/Gross SF
$195.52
Lot Size
1.64 acres
Year Built
2002

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.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s) NY: 10311204479

    New York

Shopping Auto Center

O'Reilly Auto Parts - 459 S. Transit Road

Listing Price: $2,900,000

Cap Rate
6.21%
Gross SF
14,832
Rentable SF
14,832
Price/Gross SF
$195.52
Lot Size
1.64 acres
Year Built
2002

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.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s): NY: 10311204479

    New York

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