1605 Central Ave - Auto Repair FOR SALE


Mckinleyville, CA 95519
$1,876,162 USD
818-259-0476
1605 Central Ave, Mckinleyville, CA for Sale
$1,876,162 USD
Auto Repair - FOR SALE
1/7
null | 6.15% Cap Rate

1605 Central Ave
Mckinleyville, CA 95519


HIGHLIGHTS

  • O’Reilly Auto Enterprises, LLC (NASDAQ: ORLY), Fortune 500 company and one of the nation’s largest specialty retailers of automotive aftermarket parts
  • Investment-Grade Credit: S&P BBB+, Moody’s Baa1, providing institutional-quality security for investors
  • Over 6,000 locations nationwide with a proven dual-market strategy serving both DIY customers and professional installers
  • Automotive parts and maintenance are essential services, making O’Reilly a steady performer regardless of market conditions
  • Tenant responsible for taxes, insurance, and CAM; landlord limited to roof and structure, creating a near-passive investment
  • O’Reilly has operated at this site for 26+ years, demonstrating deep market penetration and long-term success

OVERVIEW

CBRE is pleased to present the opportunity to acquire a single-tenant, net-leased investment occupied by O’Reilly Auto Enterprises, LLC (NASDAQ: ORLY), a Fortune 500 company and one of the nation’s leading automotive aftermarket retailers. This ±6,600 SF freestanding building sits on a 0.52-acre parcel in the heart of McKinleyville’s prime retail corridor, with over 26 years of operating history at this location. The property features a true NNN lease structure, providing near-passive income with minimal landlord responsibilities. Strategically positioned along Central Avenue with immediate access to Highway 101, the site benefits from strong regional connectivity and consistent customer traffic. With investment-grade credit, entrenched market presence, and proximity to AutoZone reinforcing the strength of the trade area, this asset offers a secure and resilient cash flow backed by a best-in-class tenant.

FOR SALE DETAILS

PRICE

$1,876,162 USD

PRICE/SF

$284 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

O'Reilly Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

C-2-N

APN/PARCEL ID

509-191-027-000

ASK ABOUT THIS PROPERTY

Patrick WadeCBRE, Inc.More Info
818-259-0476

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Patrick WadeCBRE, Inc.More Info
818-259-0476

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.