For Sale
$3,100,000

2580 Elm Ave Fresno, CA 93706

O'Reilly Auto Parts - NNN Lease

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a newly constructed, 7,252 square foot O'Reilly Auto Parts storefront in Fresno, CA. The property boasts a 15-year NNN lease commencing February 1, 2025, with a credit-rated tenant. Situated on a 0.73-acre lot (APN 479-020-35) at 2580 S Elm Ave, Fresno, CA 93706, this single-tenant building enjoys 100% occupancy and a strong NOI of $179,000, representing a 5.80% cap rate. The asking price is $3,100,000 ($427.46/sq ft). Built in 2024, the property is zoned RMI and benefits from a highly visible location near major freeways (Freeway 41 and 99) and other established retailers. The tenant, O'Reilly Auto Parts, is an investment-grade company, providing a secure and stable investment in the California commercial real estate market. This is a rare opportunity to acquire a high-performing asset with a long-term lease and a strong tenant. The property's strategic location and the tenant's financial strength make this an attractive investment for discerning buyers.

Highlights

  • New construction, built-to-suit for O'Reilly Auto Parts.
  • 100% occupied by O'Reilly Auto Parts, a national credit tenant with a 15-year lease commencing February 1, 2025.
  • Investment-grade tenant (S&P: BBB) with a corporate guarantee.
  • Excellent freeway access, within one mile of I-41 and I-99 interchanges.
  • High visibility from a major intersection.

Property Details for 2580 Elm Ave

Property type
Retail properties, Retail space
Square Feet
7,252 SF
Year Built
2024
Buildings
1
Lot Size (sq. ft)
31,799 SF

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.707864
Longitude
-119.791401

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FAQs

What type of property is this?
Retail property - O'Reilly Auto Parts - NNN Lease
Where is the retail property located?
The property is located at 2580 Elm Ave Fresno, CA.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: New construction, built-to-suit for O'Reilly Auto Parts.; 100% occupied by O'Reilly Auto Parts, a national credit tenant with a 15-year lease commencing February 1, 2025.; Investment-grade tenant (S&P: BBB) with a corporate guarantee.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Chris Maling
Chris Maling
David Maling
David Maling
Visit Broker Website

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Elm Ave
Fresno, CA 93706

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Elm Ave
Fresno, CA 93706

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

2580 Elm Ave
  • Chris Maling
    Chris Maling
  • David Maling
    David Maling
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