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Auto Parts

O'Reilly Auto Parts

180 SE Main St, Winston, OR 97496

Listing Price: $2,157,120

Cap Rate
5.50%
Tenant Name
O'Reilly Auto Parts
Years Remaining On Lease
10.4
Gross SF
7,225
Guarantor
Corporate Guarantee
Rentable SF
7,225
Price/Gross SF
$298.56
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.42

Investment Overview

O’Reilly Auto Parts, an attractive long-term investment opportunity featuring a 20-year lease with approximately 10.5 years remaining on the current term, along with four (4), five-year renewal options. The lease is structured as a Double Net (NN) lease, providing minimal landlord responsibilities, with a scheduled rental increase in March 2027. Built in 2016, the property is strategically positioned along SE Main Street, which experiences more than 15,000 vehicles per day, providing excellent visibility and accessibility. Winston is home to Wildlife Safari, a 600-acre drive-through animal park and major regional attraction that draws visitors from throughout Oregon and beyond. The property benefits from its location among a strong mix of national and regional retailers, including Dollar General, Dollar Tree, Grocery Outlet, and other established businesses, enhancing the area’s convenience-oriented retail environment.

Investment Highlights

  • Approximately 10.5 years remain on the current 20-year lease, providing durable income. Four additional five-year renewal options offer long-term stability.
  • The property is structured as a Double Net lease, limiting landlord responsibilities. A scheduled rental increase in March 2027 provides near-term income growth.
  • Located along SE Main Street with more than 15,000 vehicles per day, the property offers excellent visibility and accessibility. The 2016 construction provides a modern, well-maintained asset.
  • Winston is home to Wildlife Safari, a 600-acre attraction drawing visitors from throughout Oregon and beyond. The property is surrounded by established retailers including Dollar General, Dollar Tree, and Grocery Outlet.

Exclusively Listed By

Financing By

Auto Parts

O'Reilly Auto Parts

Listing Price: $2,157,120

Cap Rate
5.50%
Tenant Name
O'Reilly Auto Parts
Years Remaining On Lease
10.4
Gross SF
7,225
Guarantor
Corporate Guarantee
Rentable SF
7,225
Price/Gross SF
$298.56
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.42

Investment Highlights

  • Approximately 10.5 years remain on the current 20-year lease, providing durable income. Four additional five-year renewal options offer long-term stability.
  • The property is structured as a Double Net lease, limiting landlord responsibilities. A scheduled rental increase in March 2027 provides near-term income growth.
  • Located along SE Main Street with more than 15,000 vehicles per day, the property offers excellent visibility and accessibility. The 2016 construction provides a modern, well-maintained asset.
  • Winston is home to Wildlife Safari, a 600-acre attraction drawing visitors from throughout Oregon and beyond. The property is surrounded by established retailers including Dollar General, Dollar Tree, and Grocery Outlet.

Investment Overview

O’Reilly Auto Parts, an attractive long-term investment opportunity featuring a 20-year lease with approximately 10.5 years remaining on the current term, along with four (4), five-year renewal options. The lease is structured as a Double Net (NN) lease, providing minimal landlord responsibilities, with a scheduled rental increase in March 2027. Built in 2016, the property is strategically positioned along SE Main Street, which experiences more than 15,000 vehicles per day, providing excellent visibility and accessibility. Winston is home to Wildlife Safari, a 600-acre drive-through animal park and major regional attraction that draws visitors from throughout Oregon and beyond. The property benefits from its location among a strong mix of national and regional retailers, including Dollar General, Dollar Tree, Grocery Outlet, and other established businesses, enhancing the area’s convenience-oriented retail environment.

Exclusively Listed By

Financing By

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