O’Reilly Auto Parts

O’Reilly Auto Parts Net Lease Investment Opportunity
Tampa, FL MSA
15-Year Absolute Triple Net Lease | Corporate Guarantee | Fee Simple Ownership

This offering presents an exceptional opportunity to acquire a newly constructed O’Reilly Auto Parts property in the high-demand Tampa, Florida Metropolitan Statistical Area. Featuring a brand-new 15-year absolute triple net (NNN) lease backed by O’Reilly Automotive, Inc., this investment provides secure, long-term, and truly passive income from one of the nation’s leading automotive parts retailers.

Location and Market Overview
The Tampa MSA is one of the fastest-growing metropolitan areas in the United States, with a population exceeding 3.3 million residents. Known for its strong employment base, thriving tourism industry, and consistent in-migration, Tampa benefits from robust demand for retail and service-based businesses. The market continues to experience significant residential and commercial expansion, driven by its favorable business climate and desirable quality of life.

The subject property is strategically positioned along a high-traffic arterial roadway with daily traffic counts exceeding 36,000 vehicles. Located on a hard corner, the site offers excellent visibility and accessibility. The surrounding trade area includes a dense mix of residential neighborhoods, grocery anchors, national quick-service restaurants, and essential service tenants, ensuring strong and consistent customer demand.

Demographics
The property is supported by highly favorable demographics. Within a three-mile radius, the population exceeds 78,000 residents with average household incomes of $92,000. Expanding to five miles, the population grows to more than 185,000 residents with average household incomes approaching $95,000. The growing and affluent consumer base provides a strong foundation for O’Reilly’s essential automotive retail model.

Property Details
The property features a freestanding O’Reilly Auto Parts store totaling approximately 7,500 square feet situated on a 1.2-acre parcel. Constructed to O’Reilly’s latest prototype standards, the building offers a modern design with an efficient sales floor, dedicated service areas, and ample parking. The site provides easy ingress and egress and strong visibility from both traffic directions.

Fee simple ownership ensures long-term stability and complete control of the land and improvements.

Lease Structure and Tenant Guarantee
The property is subject to a brand-new 15-year absolute triple net (NNN) lease with O’Reilly Auto Parts. Under the terms of the lease, the tenant is responsible for all property expenses including taxes, insurance, and maintenance, leaving ownership with zero landlord responsibilities. The lease includes 8% rental increases every five years, ensuring steady income growth throughout the 15-year term.

O’Reilly Automotive, Inc. (NASDAQ: ORLY) operates over 6,000 stores across 48 states, making it one of the largest specialty retailers of automotive parts, tools, and accessories in the nation. The company maintains a strong investment-grade credit rating and continues to expand nationally, ensuring long-term security for investors.

Surrounding Area and Trade Drivers
The Tampa MSA offers a diversified economy anchored by healthcare, finance, technology, education, and tourism. The subject property benefits from its placement in a thriving retail corridor surrounded by national tenants such as Walmart, Publix, Lowe’s, Walgreens, and Starbucks. Its strategic location near dense residential communities and commuter routes ensures consistent daily traffic and strong long-term demand for automotive services and parts.

Investment Highlights

• Brand-new 15-year absolute triple net (NNN) lease with O’Reilly Auto Parts.
• Fee simple ownership of a 1.2-acre parcel with a 7,500-square-foot modern prototype facility.
• Tenant responsible for all expenses, providing a truly passive investment.
• Scheduled 8% rental increases every five years, ensuring predictable income growth.
• Corporate guarantee from O’Reilly Automotive, Inc., a Fortune 500 company with investment-grade credit.
• Prime Tampa MSA location on a hard corner with daily traffic counts exceeding 36,000 vehicles.
• Strong demographics: over 78,000 residents within three miles and more than 185,000 within five miles, with average household incomes of $92,000–$95,000.
• Surrounded by national retailers, grocery anchors, and service-based tenants in a high-growth market.
• Highly attractive to 1031 exchange buyers, REITs, private equity groups, and institutional investors.

Buyer Profile and Financing
This property is ideally suited for 1031 exchange buyers, REITs, and institutional investors seeking secure, long-term net lease income. The absolute NNN lease, corporate guarantee, and strong Tampa MSA location provide excellent lender confidence and attractive financing terms.

Conclusion
This O’Reilly Auto Parts property in the Tampa MSA represents a premier net lease investment. Featuring a 15-year absolute NNN lease with an investment-grade corporate guarantee, predictable rental escalations, and a prime location in one of Florida’s fastest-growing markets, the property offers secure, management-free income and strong long-term appreciation potential.

Qualified investors are encouraged to request the full offering memorandum, tenant lease abstract, and financial details.