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Investment Highlights

  • Rare Absolute NNN Lease with O'Reilly Auto Parts (Super Hub Store) - Zero Landlord Responsibilities and Full Tenant Control
  • Recently Renewed and Expanded Lease to Entire Building with Significant Building Renovation by Tenant
  • Strategic Bay Area location offering connectivity to U.S. 101 and I-280 amid a dense industrial and automotive service cluster
  • Investment Grade Credit: S&P: BBB, $17+ Billion Revenue, $83+ Billion Market Cap
  • Excellent Opportunity for passive or 1031 exchange investor
  • Functional improvements include gated parking, fire sprinklers, 18-foot clear height, multiple dock-high loading positions, and grade-level doors

Executive Summary

This property presents an outstanding opportunity to acquire a fully stabilized, single-tenant industrial asset leased to O’Reilly Auto Parts, a Fortune 500 company with investment-grade credit (S&P: BBB). This Super Hub location is central to the tenant’s distribution strategies, and the lease was recently renewed and expanded to include the full building. The tenant has also invested in substantial renovations and improvements to support ongoing operations.

The absolute NNN lease structure offers zero landlord responsibilities, ensuring a passive ownership experience with reliable cash flow. In-place rent is currently below market, providing strong upside potential after market adjustments, while the November 2026 scheduled rent sustains a favorable cap rate.

Situated in South San Francisco’s Lindenville industrial district, the property benefits from a dense, irreplaceable Bay Area submarket known for limited industrial supply and strong demand drivers. The location is strategically positioned near major thoroughfares such as US-101 and I-280, facilitating efficient logistics and connectivity. Nearby automotive repair and service businesses further solidify O’Reilly’s presence in this key regional hub. With inflation-protected income, long-term stability, and premier market fundamentals, this offering is well-suited for investors seeking passive management or 1031 exchange opportunities.

Property Facts

Price $16,684,610 CAD
Price Per SF $592.81 CAD
Sale Type Investment NNN
Cap Rate 4.70%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Freestanding
  • General Retail Storefront
  • Industrial Distribution
Building Class C
Lot Size 0.90 AC
Rentable Building Area 28,145 SF
No. Stories 1
Year Built/Renovated 1979/2021
Tenancy Single
Parking Ratio 0.57/1,000 SF
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 3
Zoning MI - Mixed Industrial

Amenities

  • Fenced Lot
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Smoke Detector
  • Breakroom
  • Backup Power / Generators
  • On-Site Power Generation

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • O'Reilly Auto
  • Retailer
  • 28,145 SF
  • -
  • Oct 2031
Tenant Industry SF Occupied Rent/SF Lease End
O'Reilly Auto Retailer 28,145 SF - Oct 2031
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
014-102-100
Land Assessment
$4,153,601 CAD
Improvements Assessment
$2,138,017 CAD
Total Assessment
$6,291,617 CAD
  • Listing ID: 38831977

  • Date on Market: 2025-12-19

  • Last Updated:

  • Address: 78 S Linden Ave, South San Francisco, CA 94080

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