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%


