O'Reilly in Barstow, CA
SoCal O’Reilly Auto Parts | Rare Absolute NNN | Attractive Rent Increases | Proven 20-Year Operating
Marketing description
Real Estate /Area Strengths
Strategic Location Along Barstow’s Dominant Retail Corridor Positioned on East Main Street
Barstow’s primary commercial artery—the property benefits from exceptional frontage and daily traffic exposure in the heart of the city’s retail and service core.
Immediate Access to Interstate 15 – Gateway Between Southern California & Las Vegas
Located just minutes from I-15, one of the most heavily traveled interstates in the western U.S., the site captures both a strong local customer base and consistent transient demand from regional commuters and travelers.
High-Visibility, Signalized Retail Site with Efficient Access
The property features excellent ingress and egress near signalized intersections, enhancing customer convenience and supporting strong store-level sales for an automotive-oriented operator.
Essential, Recession-Resilient Retail Use
O’Reilly Auto Parts operates within the highly defensive automotive aftermarket sector, benefiting from non-discretionary demand driven by vehicle ownership, maintenance, and repair—regardless of economic cycles.
Established Trade Area with Limited New Retail Competition
Barstow’s role as a regional service hub and its constrained development environment limit new retail supply, supporting long-term tenant performance and real estate stability.
Serves a Broad Local and Regional Consumer Base
The property draws from Barstow’s established residential population while also benefiting from regional traffic generated by Interstate 15, positioning it as a durable, high-functioning retail location.
Credit Tenant with National Scale and Proven Performance
Backed by O’Reilly Auto Parts, one of the largest and most established automotive aftermarket retailers in the U.S., the asset offers investors long-term income durability supported by strong corporate fundamentals.
Investment highlights
The Offering
Built in 1995 and enhanced through multiple renovations, this 7,070-square-foot free-standing property is leased to O’Reilly Auto Parts. The tenant has been in place for over 20 years at below-market rent, with a lease expiring in July 2030 and four remaining 5-year renewal options, providing long-term income stability.
Lease /Tenant
Corporate Backed Long-Term Lease: O’Reilly Auto Parts, an investment-grade national tenant, signed a 20-year lease commencing in 1995, with approximately ±4.5 years remaining on the current primary term, delivering near-term income visibility and long-term reliability.
Attractive Rent Increases: The lease features ±9% rental increases every five (5) years, with the next adjustment scheduled for August 2030, providing built-in income growth and a hedge against inflation.
Investment Grade Credit: O’Reilly Auto Parts is rated “BBB” by Standard & Poor’s.
Limited Landlord Responsibilities: The property is leased on an Absolute NNN basis, resulting in zero landlord responsibilities and passive ownership.
Fortune 500 Industry Leader: O'Reilly Auto Parts ranks among the largest companies in the U.S., consistently appearing on the Fortune 500. The company has achieved over three decades of comparable store sales growth, with annual revenues now exceeding $15+ billion and net income surpassing $2.3 billion.
Dominant National Footprint (NASDAQ: ORLY): Operating more than 6,000+ stores across 47 states, Puerto Rico, and Mexico, and employing approximately 85,000+ team members, O’Reilly is one of the most recognized and recession-resilient brands in the automotive aftermarket sector.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
