3030 Lincoln Way West, South Bend, IN 46628

Lease & Location Highlights

● Tenant recently executed a lease extension through June 2035, with three additional five-year renewal options, extending potential occupancy through 2050 and demonstrating long-term operational commitment.

● Close proximity to the University of Notre Dame and South Bend International Airport.

● Strong local population of 134,977 residents within a 5-mile radius.

● Healthy average household income of $83,531 within a 5-mile radius.

● Strong retail synergy with surrounding national tenants including McDonald’s, Taco Bell, Wendy’s, Arby’s and more.

● Tenant is responsible for CAM, real estate taxes, insurance, HVAC, and parking lot maintenance, providing a low-management, passive investment structure.

Tenant Highlights

● O’Reilly Auto Parts (NYSE: ORLY) is one of the nation’s largest automotive aftermarket parts providers, serving both professional installers and do-it-yourself customers.

● The lease is corporately guaranteed by O’Reilly Automotive, Inc. (S&P: BBB+), a publicly traded, investment-grade company with an approximate $75 billion market capitalization and a footprint of 6,100+ stores across the U.S., Mexico, and Puerto Rico.

● As an essential retailer, O’Reilly Auto Parts maintained continuous operations and rent payments throughout the COVID-19 pandemic, demonstrating resilience across economic cycles and sustained investor appeal within the net lease sector.