Free-Standing Auto Parts NNN
For Sale
Contact for pricing
Pending
1103 S 4th St, El Centro, CA 92243
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 Market113
Property Features for 1103 S 4th St
General Information
Standard status
Pending
Size
8,816 SF
Lot size
0.64 Acres
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Lee & Associates San Diego - Carlsbad
(760) 519-0240
Listed By:
Ryan Bennett · License #CA 01826517
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Jul 31 at 9:24AM
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
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92243, CA
49,149
Population
15,908
Households
3.1
Avg Household Size
36
Median Age
16%
College-Educated
74%
High-School Grad
113.3 sq mi
ZIP Area
434
Density / Sq Mi
$55,890
Median Household Income
$31,170
Median Earnings
$992
Median Rent
$286,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
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