Free-Standing Auto Parts NNN
1103 S 4th St El Centro, CA 92243
1103 S 4th St, El Centro, CA, 92243
Contact for pricing
For Sale
Contact for pricing
Pending
Fee simple sale of a free-standing O’Reilly Auto Parts building in El Centro Plaza, leased under a NNN structure.
Property Size8,816 SF
Lot Size0.64 Acres
Days on Market103
Property Features for 1103 S 4th St
General Information
- Standard status
- Pending
- Size
- 8,816 SF
- Lot size
- 0.64 Acres
- Property subtype
- Retail
Listing agency
Lee & Associates San Diego - Carlsbad
(760) 519-0240
Listed by
Ryan Bennett · License #CA 01826517
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 11:49AM Checked: Jul 22 at 11:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates San Diego - Carlsbad
Investment Insights
Based on property information with market context.
Lee & Associates is pleased to exclusively offer for sale the fee simple interest (land and building) in an 8,816-square-foot free-standing O’Reilly Auto Parts property. The property is situated on an approximate 0.64-acre parcel within the El Centro Plaza Shopping center.
The building is leased to O’Reilly Auto Parts (NASDAQ: ORLY). The tenant has five years remaining on the original 15-year double-net (NN) lease, which commenced in July 2012 and expires in July 2027. O’Reilly also has five, five-year renewal options with 7.5% rental increases every five years through July 2052. Under the double-net structure, the tenant is responsible for its pro-rata share of CAM, taxes, insurance, HVAC repair and maintenance, and utilities.
This offering provides investors with an investment-grade tenant occupying a dedicated, free-standing auto parts retail facility within the El Centro Plaza Shopping center.
The building is leased to O’Reilly Auto Parts (NASDAQ: ORLY). The tenant has five years remaining on the original 15-year double-net (NN) lease, which commenced in July 2012 and expires in July 2027. O’Reilly also has five, five-year renewal options with 7.5% rental increases every five years through July 2052. Under the double-net structure, the tenant is responsible for its pro-rata share of CAM, taxes, insurance, HVAC repair and maintenance, and utilities.
This offering provides investors with an investment-grade tenant occupying a dedicated, free-standing auto parts retail facility within the El Centro Plaza Shopping center.
Key Highlights
- 8,816 SF free‑standing O’Reilly Auto Parts building offered on a fee simple basis (land and building)
- Leased to O’Reilly Auto Parts (NASDAQ: ORLY, S&P BBB+), a publicly traded investment‑grade tenant
- 5 years remaining on the original 15‑year double‑net (NN) lease, commenced July 2012 and expires July 2027
Property Analytics
Location Intelligence
Current Use by Public Records
O'Reilly Auto Parts
Auto Parts Store
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FAQs
What type of property is this?
Automotive property - Fee simple sale of a free-standing O’Reilly Auto Parts building in El Centro Plaza, leased under a NNN structure.
Where is this automotive property located?
The property is located at 1103 S 4th St El Centro, CA.
What are key features of this property?
This property features: 8,816 SF free‑standing O’Reilly Auto Parts building offered on a fee simple basis (land and building); Leased to O’Reilly Auto Parts (NASDAQ: ORLY, S&P BBB+), a publicly traded investment‑grade tenant; 5 years remaining on the original 15‑year double‑net (NN) lease, commenced July 2012 and expires July 2027
