O’Reilly Auto Parts | Investment Grade Credit Tenant

The Snyder Carlton National Net Lease Team is pleased to offer to investors an opportunity to acquire the single tenant net leased O’Reilly Auto Parts in Coal City, IL. O’Reilly Auto Parts is a publicly traded company (NASDAQ: ORLY) with over 6,000 locations and has an investment grade credit rating from S&P of BBB. The long-term net lease has over 14 years remaining in the primary term with four 5-year option periods and rent increases in year 11 and every option period creating inflation resistant cash flows for years to come.

The 7,225 SF building on 0.74-acre parcel is located on E Division Street, which sees 12,800 VPD, is only 2 miles from Interstate 55 (23,100 VPD) and is within an hour from downtown Chicago (MSA population exceeding 9.5 million). Nearby retailers include McDonald’s, Dunkin’, Taco Bell, CVS Pharmacy, Ace Hardware and Dollar General. This is a great opportunity to purchase a long term net leased O’Reilly Auto Parts in the Chicago MSA with a corporate guarantee, rent increases, and limited landlord responsibilities providing years of inflation resistant income.

Available