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Leased Auto Parts Retail Building
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1293 South Duncan Drive, Tavares, FL 32778

Fee simple interest available in an O’Reilly Auto Parts retail store with a newly executed 15-year lease.

Days on Market110

Property Features for 1293 South Duncan Drive

General Information

Standard status Active
Property subtype Retail
Listing Agency: NorthMarq - Newport Beach
Listed By: Brett Butler · License #TX 558227
Source: Crexi
Added: Apr 12 Changed: Jul 23 Last Checked: Jul 23 at 5:21PM

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 NorthMarq - Newport Beach

Investment Insights

Based on property information with market context.

Northmarq Commercial, as exclusive advisor for ownership, is pleased to present the fee simple interest in the O’Reilly Auto Parts store property at 1293 S Duncan Drive in Tavares, Florida. The property is subject to a newly executed 15-year lease with O’Reilly Automotive Stores, Inc., a publicly traded company.

The tenant is reported to carry an investment grade credit rating of BBB/Stable by S&P Global Ratings. As of December 2022, O’Reilly reported total revenue of $14.4 million and net income of $2.17 million.

This offering is structured for an investor seeking ownership of a single retail location leased to O’Reilly under the stated term.

Key Highlights

  • Fee simple interest in an O’Reilly Auto Parts store at 1293 S Duncan Drive, Tavares, FL 32778
  • Newly executed 15‑year lease with O’Reilly Automotive Stores, Inc. as tenant
  • Tenant is O’Reilly Automotive Stores, Inc., operating over 5,900 stores nationally

Property Analytics

Current Use

Lake Region Packing ... Association Or Organization

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby
39k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Shops & Services 37%
McDonald's Dining
24,473 visits/mo 0.5 miles
Dollar General Shops & Services
10,183 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
4,074 visits/mo 0.1 miles

Demographics for 32778, FL

23,993
Population
12,720
Households
1.9
Avg Household Size
52
Median Age
25%
College-Educated
88%
High-School Grad
25.4 sq mi
ZIP Area
945
Density / Sq Mi
$61,815
Median Household Income
$40,942
Median Earnings
$1,384
Median Rent
$241,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Fee simple interest available in an O’Reilly Auto Parts retail store with a newly executed 15-year lease.
Where is this retail space located?
The property is located at 1293 South Duncan Drive Tavares, FL.
What are key features of this property?
This property features: Fee simple interest in an O’Reilly Auto Parts store at 1293 S Duncan Drive, Tavares, FL 32778; Newly executed 15‑year lease with O’Reilly Automotive Stores, Inc. as tenant; Tenant is O’Reilly Automotive Stores, Inc., operating over 5,900 stores nationally
(949) 270-3690 Call to check price and availability
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