O'Reilly Auto Parts Retail
New
For Sale
$2,157,120
180 SE Main St, Winston, OR 97496
A double-net lease includes four renewal options and a scheduled rent increase in March 2027.
Property Size7,225 SF
Price / SF$298.56
Days on Market2
Property Features for 180 SE Main St
General Information
Standard status
Active
Size
7,225 SF
Property subtype
Auto Parts
Lease Type
NNN
Additional Details
Cap Rate
5.5%
Traffic Count
15,000 vehicles/day
Amenities
Approximately 10.5 years remain on the current 20-year lease, providing durable income. Four additional five-year renewal options offer long-term stability.
The property is structured as a Double Net lease, limiting landlord responsibilities. A scheduled rental increase in March 2027 provides near-term income growth.
Located along SE Main Street with more than 15,000 vehicles per day, the property offers excellent visibility and accessibility. The 2016 construction provides a modern, well-maintained asset.
Winston is home to Wildlife Safari, a 600-acre attraction drawing visitors from throughout Oregon and beyond. The property is surrounded by established retailers including Dollar General, Dollar Tree, and Grocery Outlet.
Building Details
Building Size
7,225 SF
Year Built
2016
Tenancy
Single
Listing Agency:
Marcus & Millichap - Portland
Listed By:
Eric Garske · License #License(s): OR: 201235586, ID: SP57407
(503) 200-2031
Source:
Marcusmillichap
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 1:53AM
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 Marcus & Millichap - Portland
Investment Insights
Based on property information with market context.
Built in 2016, this 7,225-square-foot retail property at 180 SE Main St is occupied by O'Reilly Auto Parts. The double-net lease has approximately 10.5 years remaining in its current term, four five-year renewal options, and a scheduled rent increase in March 2027.
The property fronts SE Main Street, which carries more than 15,000 vehicles per day. Nearby retailers include Dollar General, Dollar Tree, and Grocery Outlet. Winston is also home to Wildlife Safari, a 600-acre drive-through animal park that attracts visitors from Oregon and beyond.
The property fronts SE Main Street, which carries more than 15,000 vehicles per day. Nearby retailers include Dollar General, Dollar Tree, and Grocery Outlet. Winston is also home to Wildlife Safari, a 600-acre drive-through animal park that attracts visitors from Oregon and beyond.
Key Highlights
- O'Reilly Auto Parts occupies the 7,225‑square‑foot retail property
- Built in 2016 at 180 SE Main St, Winston, OR 97496
- Double‑net lease with approximately 10.5 years remaining in the current term
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,028
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,720,560
$1.7M
Cap Rate 7%
$1,228,971
$1.2M
Cap Rate 9%
$955,867
$955.9K
Market Conditions
NOI Build-Up for 7,225 SF
Gross rent
$130.1K $18.00/SF
− Vacancy
−$7.2K −$0.99/SF
EGI
$122.9K $17.01/SF
− OpEx
−$36.9K −$5.10/SF
NOI
$86.0K $11.91/SF
Area
Douglas County, OR
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,720,560
Cap Rate 7%
$1,228,971
Cap Rate 9%
$955,867
Alternative Uses
Best Use
Retail
$1.23M
$1.08M – $1.43M
NOI $86,028 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.25M
$1.09M – $1.46M
NOI $87,534 @ 7.0% cap · market cap 4.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
15,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
20k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Dining 13%
7-Eleven
Shops & Services
9,326 visits/mo
0.3 miles
Mobil
Shops & Services
7,316 visits/mo
0.2 miles
Domino's Pizza
Dining
2,562 visits/mo
0.4 miles
Carquest Auto Parts # 5561
Shops & Services
409 visits/mo
0.4 miles
Demographics for 97496, OR
7,875
Population
3,510
Households
2.2
Avg Household Size
45
Median Age
13%
College-Educated
88%
High-School Grad
88.1 sq mi
ZIP Area
89
Density / Sq Mi
$55,776
Median Household Income
$31,805
Median Earnings
$1,029
Median Rent
$236,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - A double-net lease includes four renewal options and a scheduled rent increase in March 2027.
Where is this retail space located?
The property is located at 180 SE Main St Winston, OR.
What is the asking price?
The asking price for this property is $2,157,120.
What are key features of this property?
This property features: O'Reilly Auto Parts occupies the 7,225‑square‑foot retail property; Built in 2016 at 180 SE Main St, Winston, OR 97496; Double‑net lease with approximately 10.5 years remaining in the current term
