O’Reilly Auto Parts

Purchase Price$1,500,000
Annual Rental Income$105,000
Cap Rate7%
Lease Term7 Years
CityPhoenix MSA
Tenant: O'Reilly Auto Parts
Sector: Automotive
State: Arizona

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O’Reilly Auto Parts Net Lease Investment Opportunity
Phoenix, AZ MSA
7-Year Absolute Triple Net Lease | Corporate Guarantee | Fee Simple Ownership

This offering presents a solid opportunity to acquire a single-tenant O’Reilly Auto Parts property located in the rapidly expanding Phoenix, Arizona Metropolitan Statistical Area. With a 7-year absolute triple net (NNN) lease, this investment delivers stable, passive income backed by a nationally recognized automotive parts retailer. Situated on a prominent hard corner with excellent visibility, the property benefits from strong market fundamentals in one of the nation’s fastest-growing regions.

Location and Market Overview
Phoenix is the fifth-largest city in the United States, anchoring a metro area with over 4.7 million residents. The region has experienced explosive growth due to a favorable business climate, affordable housing, and a diverse economy including technology, manufacturing, and healthcare sectors. The Phoenix MSA’s retail market continues to expand to meet the needs of its booming population.

The property is located on a hard corner of a major arterial road with daily traffic counts exceeding 28,000 vehicles. Its location provides exceptional visibility and convenient access, attracting strong daily consumer traffic from nearby residential neighborhoods, commercial centers, and commuter routes.

Demographics
The property is supported by attractive demographics. Within a three-mile radius, the population exceeds 75,000 residents with average household incomes around $83,000. Extending to five miles, the population grows to more than 162,000 residents. This expanding consumer base provides a strong foundation for O’Reilly’s automotive retail model.

Property Details
The site includes a freestanding O’Reilly Auto Parts store of approximately 6,800 square feet situated on a 1.0-acre parcel. The building conforms to O’Reilly’s latest prototype standards, featuring efficient floor layouts, ample parking, and prominent branding. The parcel size allows for excellent visibility and traffic flow with convenient ingress and egress points.

Fee simple ownership grants investors full control and long-term security of the land and improvements.

Lease Structure and Tenant Guarantee
The property is leased under a 7-year absolute triple net (NNN) lease. Under this lease, the tenant is responsible for all property-related expenses including taxes, insurance, and maintenance, creating a truly passive income stream for the owner. The lease includes scheduled rental escalations to provide income growth during the term.

O’Reilly Automotive, Inc. is a Fortune 500 company with an extensive network of more than 6,000 stores nationwide. The company’s investment-grade credit rating and industry leadership provide investors with exceptional security.

Surrounding Area and Trade Drivers
Phoenix’s ongoing population and employment growth support strong retail demand throughout the metro area. The property is situated in a busy retail corridor surrounded by national tenants such as Walmart, Home Depot, and major QSR brands. Proximity to residential developments and commuter traffic further strengthens the location’s appeal for steady consumer patronage.

Investment Highlights

  • 7-year absolute triple net (NNN) lease with O’Reilly Auto Parts.
  • Fee simple ownership of a 1.0-acre parcel with a 6,800-square-foot modern prototype building.
  • Tenant responsible for all property expenses, providing a truly passive investment.
  • Scheduled rental escalations during the lease term.
  • Corporate guarantee from O’Reilly Automotive, Inc., a Fortune 500 company with investment-grade credit.
  • Prime Phoenix MSA location on a hard corner with daily traffic counts exceeding 28,000 vehicles.
  • Strong demographics: over 75,000 residents within three miles and more than 162,000 within five miles, with average household incomes near $83,000.
  • Located in one of the fastest-growing and most dynamic markets in the U.S.
  • Attractive for 1031 exchange buyers, REITs, family offices, and institutional investors.

Buyer Profile and Financing
This property suits 1031 exchange buyers, REITs, and institutional investors seeking a secure, corporate-backed net lease with minimal management responsibilities. The short-term lease offers flexibility for future repositioning or refinancing, supported by O’Reilly’s strong credit.

Conclusion
This O’Reilly Auto Parts property in the Phoenix MSA offers a secure, passive investment with a corporate-backed 7-year absolute NNN lease. Located in a premier hard-corner position within one of the nation’s fastest-growing markets, the asset provides predictable income and strong tenant creditworthiness.

Qualified investors are encouraged to request the offering memorandum, lease abstract, and financial information.

Property details provided on this site are for general informational and illustrative purposes only. Specific availability and property status may change without notice. Please contact us to confirm current opportunities.