Catalina, AZ - O'Reilly Auto Parts
$1,841,000
16329 N. Oracle Road, Catalina, AZ 85739
5.35
Cap Rate
98,490
NOI
Details:
Description:
SRS Real Estate Partners-West, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NN leased, corporate signed, O’Reilly Auto Parts investment property located in Catalina, Arizona. The tenant, O’Reilly Auto Enterprises, LLC has over 9 years remaining on their initial team with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 8% rental increases at the beginning of the first three option periods and a 7.50% rental increase at the beginning of the last option period, growing NOI and hedging against inflation. The property is NN leased with minimal landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. O’Reilly Auto Parts is a leading North American automotive aftermarket retailer, operating more than 6,600 locations across 48 U.S. states, Puerto Rico, Mexico, and Canada as of June 2026.
The property is located along N. Oracle Rd, which averages 31,500 vehicles passing by daily and is a major retail thoroughfare serving the city of Catalina. Its location provides convenient access and visibility, while the surrounding retail and service businesses help support consistent consumer activity. In addition, the site is strategically positioned adjacent to a Dollar General, helping increase consumer draw into the area. Furthermore, the asset is situated just down the road from Golder Ranch Plaza, an 88,000 square foot shopping center anchored by Bashas’ Supermarket. Moreover, the property is in a retail corridor with other nearby national/credit tenants including Tractor Supply Co, McDonald’s, Burger King, Starbucks, Subway, and more, further increasing consumer traffic to the site. As an established national automotive aftermarket retailer, O’Reilly Auto Parts attracts both local customers and professional automotive service providers, benefiting from its comprehensive selection of replacement parts, maintenance products, and automotive accessories. The 5-mile trade area is supported by a population of over 27,600 with an affluent average household income of $142,795.
Location
Gallery