| Purchase Price | $1,300,000 |
|---|---|
| Annual Rental Income | $91,000 |
| Cap Rate | 7% |
| Lease Term | 10 Years |
| City | Dallas MSA |
O’Reilly Auto Parts Net Lease Investment Opportunity
Dallas, TX MSA
10-Year Absolute Triple Net Lease | Corporate Guarantee | Fee Simple Interest
This offering provides an excellent opportunity to acquire a single-tenant O’Reilly Auto Parts property located in the high-growth Dallas, Texas Metropolitan Statistical Area. Secured by a new 10-year absolute triple net (NNN) lease, this investment delivers long-term, stable income backed by a nationally recognized, investment-grade retailer. Positioned in one of the country’s most dynamic markets, the property combines strong real estate fundamentals with a corporate-backed lease, making it a premier passive investment.
Location and Market Overview
The Dallas-Fort Worth Metroplex is the fourth-largest metropolitan area in the United States with a population exceeding 7.7 million. Known for its diverse economy, rapid population growth, and strong corporate presence, the Dallas MSA continues to lead the nation in both job creation and in-migration. The area benefits from robust demand for retail and service-oriented businesses, particularly those in essential sectors like automotive parts.
The subject property is ideally located along a major thoroughfare with daily traffic counts surpassing 34,000 vehicles. The hard-corner site enjoys excellent visibility and accessibility, drawing consistent customer traffic from surrounding residential neighborhoods and commuter routes. The immediate trade area features a strong mix of national retailers, grocery anchors, and service-based tenants, reinforcing the property’s placement in a thriving retail corridor.
Demographics
The property benefits from exceptional surrounding demographics. Within a three-mile radius, the population exceeds 62,000 residents with average household incomes of approximately $95,000. Expanding to five miles, the population grows to more than 165,000 residents. The affluent and dense 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 7,200 square feet on a 1.1-acre parcel. The building is constructed to O’Reilly’s modern prototype standards, offering an efficient sales floor, dedicated service areas, and ample on-site parking. Its layout is designed for high turnover and consistent sales, ensuring long-term operational success.
Fee simple ownership provides complete control of the property and land, ensuring long-term stability.
Lease Structure and Tenant Guarantee
The property is subject to a new 10-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, providing a truly passive investment for ownership. The lease includes 8% rental increases every five years, offering steady income growth throughout the lease term.
O’Reilly Automotive, Inc. (NASDAQ: ORLY) is a Fortune 500 company and one of the largest specialty retailers of automotive parts, tools, supplies, equipment, and accessories in the United States. With more than 6,000 stores across 48 states, O’Reilly continues to expand and deliver strong financial performance. The company maintains an investment-grade credit rating, ensuring excellent security for investors.
Surrounding Area and Trade Drivers
The Dallas MSA continues to experience robust growth fueled by corporate relocations, residential expansion, and infrastructure investment. The property benefits from its placement in a high-traffic corridor near national retailers such as Walmart, Home Depot, Chick-fil-A, and CVS. The combination of residential density, commuter traffic, and proximity to essential retail destinations ensures strong and consistent customer demand for O’Reilly’s offerings.
Investment Highlights
Buyer Profile and Financing
This property is well-suited for 1031 exchange buyers, private investors, REITs, and institutional buyers seeking secure, long-term net lease income with no landlord responsibilities. The corporate guarantee, 10-year lease term, and absolute NNN structure provide excellent lender confidence and highly favorable financing terms.
Conclusion
This O’Reilly Auto Parts property in the Dallas MSA represents a premier net lease investment. With a 10-year absolute NNN lease, corporate guarantee, rental increases, and a prime location in one of the fastest-growing markets in the nation, this asset provides secure, predictable income and long-term appreciation potential.
Qualified investors are encouraged to request the full offering memorandum, lease abstract, and financial details.