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Photography available after free registration below
Virtual Drive-By

O'Reilly Auto Parts NN+

3079 Bailey Ave · Buffalo, NY 14215 · Auto Parts / Service

Asking price
$1,226,666
Cap rate
6.75%
NOI
$82,800

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 remaining7.4 yrs
Expiration12/2033
Rent bumps8% Every 5 Years
OptionsFour, 5-Year
Ground lease
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 SF9,200
Price / SF$133
Year built
Lot size0.83 ac
TypeAuto Shop
Days on market164

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.

Investment highlights

  • 8+ Years Remaining on Original 10-Year NN Lease Term | 8% Increases every 5 Years | Priced Below Replacement Costs | Attractive Low Rent - $9.00 PSF

  • High Visibility Location with Three Points of Access | Positioned at Signalized Intersection of Bailey Ave and Westminster Ave - 33,000+ VPD

  • Strong National Tenant | Corporate Guarantee | S&P Credit Rating "BBB" | Fee Simple Interest with Minimal Landlord Responsibilities

  • New Building Retrofit, Roof and Parking Lot Completed in 2023 | $1B In Transportation & Maintenance Spending within 5 Miles of Subject Property

  • 6,483 Locations Throughout the US | 2nd Largest Automotive Supplier in North America

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

Register to view photography and request the offering memorandum

Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

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Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing 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.