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O'Reilly Auto Parts NN

Sterling Heights, MI · Auto Parts / Service

Asking price
$1,805,000
Cap rate
7.50%
NOI
$135,340

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeNN
Term remaining2.4 yrs
Expiration11/2028
Rent bumpsFive percent (5%) rental rate increases in each of the three (3) remaining option periods. Option Re
OptionsThree (3) remaining five (5) year options which must be exercised in writing at least one hundred eighty (180) days prior to the expiration of the then current term.
Ground leaseNo
Credit profileCredit Rated
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF10,000
Price / SF$181
Year built1995
Lot size1.87 ac
TypeAuto parts
Days on market18

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

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Asking-market observation aggregated from public listing sources, last observed Oct 30, 2026. Figures are asking price and asking cap rate as published by the offering party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.