O'Reilly Auto Parts - Net Lease Property for Sale
Buffalo, NY
Key Investment Metrics
Price
$1,226,666
Cap Rate
6.8%
Net Operating Income
$82,800
Building Size
9200 SF
Lot Size
9,200 SF
Land Area
0.83 Acres
Remaining Term
8 years
Lease Expiration
12/31/2033
Lease Term
10 years
Lease Commencement
01/01/2024
Lease Type
NN
Year Built
N/A
Occupancy
100%
Tenancy
Single
Rent Increases
8% Every 5 Years
About This O'Reilly Auto Parts Net Lease Property
This O'Reilly Auto Parts NNN (triple net lease) property is located in Buffalo, NY and represents an excellent investment opportunity for commercial real estate investors. The property features 9200 square feet of building space.
With a cap rate of 6.8%, this O'Reilly Auto Parts net lease property offers stable income potential. The asking price is $1,226,666, making it an attractive option for 1031 exchange investors seeking quality O'Reilly Auto Parts commercial properties.
Why Invest in O'Reilly Auto Parts NNN Properties?
- Stable Income: O'Reilly Auto Parts net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: O'Reilly Auto Parts is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Buffalo, NY Market Overview
Located in Buffalo, NY, this O'Reilly Auto Parts property benefits from strong local demographics and market fundamentals. The Buffalo area offers excellent visibility and accessibility, making it an ideal location for O'Reilly Auto Parts operations and a solid investment for net lease property buyers.