O'Reilly Auto Parts

2580 S Elm Ave, Fresno, CA

$3,200,000

Price

5.5%

Cap Rate

$148,500

NOI

Gallery
Street
Map
Overview
Cap Rate
5.5%
NOI
$148,500
Building Size
7,252 sqft
Lot Area
0.7315 acres
Occupancy
100%
Lease Type
Triple Net
Year Built
2023
Zoning
RMI
Floors
1
Parking Spots
66
Description

Avison Young is pleased to present this unique opportunity to acquire a newly developed single-tenant O’Reilly Auto Parts on a fee simple land located at 2580 South Elm Avenue in Fresno, California. The property is situated approximately .35 miles from Freeway 41 ramps and 1 mile from Freeway 99 ramps, with close proximity to other retailers including Valero and Family Dollar. This is a rare opportunity to acquire a stable investment in the valuable California commercial real estate market.

Located in Fresno within one mile of entrance/exit ramps on Freeway 41 and 99 - major California highways.

Highlights
  • New Built to Suit
  • Single tenant building 100% occupied by O’Reilly Auto
  • Parts, a National Credit Tenant
  • 15 year lease that commences August 1, 2024
  • O’Reilly Auto Parts is an investment grade rated company (S&P: BBB)
  • Publicly traded, corporate guarantee, strong credit
  • Highly visible from busy intersection
Documents
Title
OM
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery