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O’Reilly Auto Parts 2024 A St 14,712 SF 100% Leased Retail Building Antioch, CA 94509 $3,775,039 ($256.60/SF) 5.60% Cap Rate



INVESTMENT HIGHLIGHTS
- BRAND NEW 10-YEAR EXTENSION: Effective March 7, 2025, O’Reilly committed to a 10-year lease extension with 0 concessions.
- OUTSTANDING STORE PERFORMANCE: Reported store sales on this location are nearly double the national average for O’Reilly Auto Parts.
- HIGH TRAFFIC COUNTS: Strategically situated A St. (±27,800 VPD), a main artery providing access to HWY-4, which boasts ±134,000 VPD.
- RARE ABSOLUTE NNN LEASE: O’Reilly operates under an absolute NNN lease.
- BELOW MARKET RENTS: Per Costar.com, current retail rents are ±$24/SF. O’Reilly is paying nearly $10/SF below market rent
- STRONG DEMOGRAPHICS: The Antioch market provides an ideal customer base for O’Reilly Auto Parts with over 178,711 residents within a 5-mile radius
EXECUTIVE SUMMARY
David Harrington
License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- El Grullense Taco Truck
- Retailer
- -
- -
- -
- Keep-U-Cleaners
- -
- -
- -
- -
O’Reilly Automotive is a publicly traded automotive aftermarket parts retailer headquartered in Springfield, Missouri. Founded on December 2, 1957, by Charles F. O’Reilly and Charles H. “Chub” O’Reilly, the company began as a single store and has grown into one of the largest specialty retailers in its sector. O’Reilly serves both professional service providers and do-it-yourself customers through a dual-market strategy, offering parts, tools, and related services. The company operates more than 6,400 stores across the United States, Puerto Rico, Mexico, and Canada. O’Reilly Automotive trades on the NASDAQ under the ticker symbol ORLY and employs over 93,000 team members. Its growth has been driven by strategic acquisitions and a robust distribution network designed to ensure product availability and timely delivery.
In 1976, Tom Gegax and Donald Gullet, two Shell Oil colleagues, launched Tires Plus with three former Shell service stations in the Burnsville, Minnesota area. In 2001, Tires Plus was acquired by BSRO; today, Tires Plus has more than 5,000 teammates working in 400+ stores in a number of states. They carry thousands of tires for all vehicle types, including a complete line from the industry-leading Bridgestone and Firestone brands, and they’ll give a quick, free quote. And with their Best Tire Prices Guarantee*, they’ll match any locally advertised price. Find a better price within 30 days of purchase, and they’ll give twice the amount of the difference.
- Wheels Works
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| El Grullense Taco Truck | Retailer | - | - | - | ||
| Keep-U-Cleaners | - | - | - | - | ||
|
Retailer | - | - | - | ||
|
Retailer | - | - | - | ||
| Wheels Works | Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 067-254-007-7 | Improvements Assessment | $454,555 |
| Land Assessment | $402,757 | Total Assessment | $857,312 |
PROPERTY TAXES
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O’Reilly Auto Parts | 2024 A St
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