- 8+ Years Remaining on Original 10-Year NN Lease Term | 8% Increases every 5 Years
- Priced Below Replacement Costs | Attractive Low Rent – $9.00 PSF
- New Building Retrofit, Roof and Parking Lot Completed in 2023
- Fee Simple Interest with Minimal Landlord Responsibilities
- Strong National Tenant | Corporate Guarantee | S&P Credit Rating “BBB”
- 6,483 Locations Throughout the US | 2 Largest Automotive Supplier in North America
- O’Reilly Auto Parts utilizes a Dual-Market Approach, serving both DIY (do-it-yourself) and Professional Customers
- Efficient Supply Chain and Extensive Distribution Network allowing for Quick Delivery and Competitive Advantage
- High Visibility Location with Three Points of Access | Positioned at Signalized Intersection of Bailey Ave and Westminster Ave – 33,000+ VPD
- Excellent Demographics: 418,950 People Within 5 Miles of The Subject Property | Median Net Worth Within 5 Miles Exceeds $79,000
- $1 Billion In Transportation and Maintenance Spending within 5 Miles of Subject Property
O’Reilly Auto Parts
3079 Bailey Ave, Buffalo, NY
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Property Details
- Price $1,226,666
- Cap Rate 6.75%
- Tenancy Single
- Property Type Retail
- Property Subtype Automotive
- Year Built 2023
- Square Footage Square Feet
Investment Highlights
Team
-
Michael Cisternino
CA Broker License: 01708023
NV Broker License: 1002492
ID Broker License: PR59295
Phone: 925.388.0888
-
Nick Cole
CA Salesperson License: 01977282
Phone: 925.482.7044
Email: nick (at) ecadvs (dot) com
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Scott Reid
NY LIC #10311208459
Phone: (949) 942-6578
In Association with Scott Reid & ParaSell, Inc. | A Licensed New York Real Estate Broker #10991231395