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Burlington, WA 98233

O'Reilly Auto Parts

Property Address

1162 South Burlington Boulevard, Burlington, WA, USA

Offering Summary

  • Price: $2,726,100
  • Lot Size: .69 Acres
  • Cap Rate: 5.50%
  • Year Built: 2023
  • Building SF: 7,150
  • Status: Available
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  • More Than 14 Years Remaining on Corporate O'Reilly (NASDAQ: ORLY) Guaranteed Lease
  • 6% Rental Increases in Year 10 of Lease Term and in Multiple Renewal Options
  • Prime Retail Location in the Center of Burlington’s Retail Corridor Used by All Residents Within a 25-Mile Radius
  • Surrounded by National Retailers: Target, T.J. Maxx, Fred Meyer, Costco, Best Buy, Ross, Home Depot, and Many More
  • High Visibility Location Along Burlington Boulevard (More than 24,000 Vehicles per Day)
  • Population and Households Projected to Increase 3 – 4% by 2027 within a 15-Mile Radius
  • Subject Property Located Halfway Between Seattle, WA and Vancouver, B.C.
  • Affluent Trade-Area with More than 62,000 Residents within a 5-Mile Radius and an Average Household Income Over $91,000 Annually within 15 Miles

Broker Information

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