O'Reilly Auto Parts | New Store | Low Price Point & In-Place Rent
$1,226,666
3079 Bailey Avenue, Snyder, NY 14215
For Sale
Retail
Free Standing
Active
Last Updated: 12/17/2025
6.75
Cap Rate
82,800
NOI
Details:
Cap Rate: 6.75%
NOI: $82,800
Building Size: 9,200 sqft
Lot Area: 0.83 sqft
Occupancy: 100%
Lease Type: Double Net
Year Built: 2023
Price Per Sqft: $133.33
Tenancy: Single
Highlights:
- 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 | 2nd Largest Automotive Supplier in North America
- High Visibility Location with Three Points of Access | Positioned at Signalized Intersection of Bailey Ave and Westminster Ave - 33,000+ VPD
- 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
- $1 Billion In Transportation and Maintenance Spending within 5 Miles of Subject Property
Documents:
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Offering Memorandum
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Location
Gallery