O'Reilly Auto Parts - Barstow 1133 E Main St 7,070 SF Retail Building Barstow, CA 92311 $2,135,476 CAD ($302.05 CAD/SF)

The Offering
Built in 1995 and enhanced through multiple renovations, this 7,070-square-foot free-standing property is leased to O’Reilly Auto Parts. The tenant has been in place for over 20 years at below-market rent, with a lease expiring in July 2030 and four remaining 5-year renewal options, providing long-term income stability.
Lease /Tenant
Corporate Backed Long-Term Lease: O’Reilly Auto Parts, an investment-grade national tenant, signed a 20-year lease commencing in 1995, with approximately ±4.5 years remaining on the current primary term, delivering near-term income visibility and long-term reliability.
Attractive Rent Increases: The lease features ±9% rental increases every five (5) years, with the next adjustment scheduled for August 2030, providing built-in income growth and a hedge against inflation.
Investment Grade Credit: O’Reilly Auto Parts is rated “BBB” by Standard & Poor’s.
Limited Landlord Responsibilities: The property is leased on an Absolute NNN basis, resulting in zero landlord responsibilities and passive ownership.
Fortune 500 Industry Leader: O'Reilly Auto Parts ranks among the largest companies in the U.S., consistently appearing on the Fortune 500. The company has achieved over three decades of comparable store sales growth, with annual revenues now exceeding $15+ billion and net income surpassing $2.3 billion.
Dominant National Footprint (NASDAQ: ORLY): Operating more than 6,000+ stores across 47 states, Puerto Rico, and Mexico, and employing approximately 85,000+ team members, O’Reilly is one of the most recognized and recession-resilient brands in the automotive aftermarket sector.