3030 W Lincoln Way South Bend, IN 46628

This 6,480 square foot O'Reilly Auto Parts building in South Bend, Indiana (zip code 46628), sits on a 0.96-acre lot at 3030 W Lincoln Way. Boasting a freshly signed five-year lease extension with a strong, investment-grade tenant (O'Reilly Automotive, Inc. - NYSE: ORLY), this property offers exceptional stability and growth potential. The lease includes no rent reduction and only 5% annual increases. Located on a high-traffic corridor (approx. 19,000 vehicles per day) near South Bend International Airport and surrounded by other major national retailers like AutoZone, McDonald's, and 7-Eleven, this property benefits from excellent visibility and strong retail positioning. The current asking price of $830,000 represents a significant value proposition, considering the current replacement cost of similar auto parts stores is estimated at $1.75 million to $2.5 million. The property's net operating income is $57,168. The lease also includes a recently completed roof replacement and consistently maintained parking lot, minimizing future capital expenditures. The ample land provides opportunities for future expansion or ground leases. This asset presents a compelling investment opportunity with significant upside potential due to its strong tenant, prime location, and below-replacement-cost pricing.