Corning Retail for Sale
MASSIVE UPSIDE POTENTIAL | LOWEST RENT O'REILLY'S IN THE NATION (ONLY $596/M!) | LOWEST PRICE O'REILLY'S IN THE NATION | $1M+ IN YEARLY SALES WITH SUB 1% RENT TO SALES RATIO! | NO OPTIONS REMAINING WITH JUST UNDER 5 YEARS REMAINING ON TERM! | HUGE UPSIDE UPON LEASE EXPIRATION WHEN RENEGOTIATING TO MARKET RENT WITH O'REILLY's!
Corning, Arkansas may be considered a small town based on population, but its location directly on heavily trafficked Highway 62 creates strong daily activity and steady consumer demand. Highway 62 serves as a primary east–west thoroughfare with up to 30,000 vehicles per day, providing excellent accessibility, regional connectivity, and exposure to both local residents and visitors
. The retail corridor is anchored by well-known national brands including McDonald’s, Taco Bell, Dollar General, Casey’s General Store, John Deere Equipment, and O’Reilly Auto Parts. Recently, GH Decoy also expanded their headquarters into Corning, underscoring the market’s continued growth and economic stability.
This property consists of a 6,060 SF free-standing O’Reilly Auto Parts situated on a 0.54-acre parcel. It is currently the lowest-rent O’Reilly’s in the nation, with annual rent of just $7,152 — equating to approximately $1.18 per square foot. This rent level is significantly below market and provides substantial upside potential upon lease renewal.
The store has consistently generated over $1 million in annual sales, resulting in a sub-1% rent-to-sales ratio. The lease has five years remaining with no renewal options, creating a unique opportunity for an investor to renegotiate with O’Reilly’s to market-rate rents and capture immediate value growth.
