29105-29229 S Western Ave - Freestanding FOR SALE


Rancho Palos Verdes, CA 90275
$5,060,000 USD
844-585-7682
29105-29229 S Western Ave, Rancho Palos Verdes, CA for Sale
$5,060,000 USD
Freestanding - FOR SALE
1/6
null | 5% Cap Rate

29105-29229 S Western Ave
Rancho Palos Verdes, CA 90275


HIGHLIGHTS

  • Single-Tenant O’Reilly Auto Parts (NASDAQ: ORLY; S&P: BBB Investment Grade)
  • O’Reilly Recently Extended Their Lease for 10 Years, Showing Their Commitment to the Location
  • Long-Term Operating History at the Subject Property (25+ Years) and Brand-New 2025 Renovation
  • Part of High-Profile Western Plaza; New 2025 Multi-Million Dollar Renovation Underway
  • Incredible Visibility and Accessibility Along Western Avenue (43,500+ CPD); Irreplaceable Pylon Signage
  • Highly Active Retail Corridor Draws Consistent Consumer Traffic from the Surrounding Community’s Affluent Residents

OVERVIEW

Investment-Grade (NASDAQ: ORLY; S&P: BBB), Recession-Proof Tenant | Long-Term Operating History (25+ Years) | Recent 10-Year Lease Extension; Below-Market Rent

FOR SALE DETAILS

PRICE

$5,060,000 USD

PRICE/SF

$154 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

O'Reilly Auto Parts | Rancho Palos Verdes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

92

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

RPRS-4

APN/PARCEL ID

7557-030-031,7557-030-035

ASK ABOUT THIS PROPERTY

Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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