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Description

CBRE is proud to offer a prime opportunity to acquire a single-tenant, net-leased asset occupied by O’Reilly Auto Enterprises, LLC (NASDAQ: ORLY), a Fortune 500 leader in the automotive parts industry. The ±6,600 SF freestanding building is situated on a 0.52-acre parcel in the center of McKinleyville’s dominant retail corridor, where O’Reilly has successfully operated for more than 26 years. The property is secured by a true NNN lease, delivering highly passive income with virtually no landlord obligations. Located on Central Avenue with direct connectivity to Highway 101, the site benefits from excellent regional access and steady consumer activity. Backed by investment-grade credit, long-term market presence, and adjacency to AutoZone supporting the strength of the trade area, this offering provides durable, dependable cash flow from a top-tier tenant.

Listing Details

  • Cap Rate

    6.15%

  • Tenancy

    Single

  • Space Type

    retail

  • Sub Category

    grocery-store

  • Date Listed

    12/4/2025

  • Parking Info

    24 Spaces

Property Specifics

  • Property Name

    1605 Central Ave

  • No of Buildings

    1

  • No of Stories

    1

  • Year Built

    1999

  • Building Size

    6,600 SF

  • Lot Size

    22,651 SF

  • APN

    509-191-027-000

  • Zoning

    C-2-N

  • Occupancy

    100%