O'Reilly Auto Parts
2654 Whitson St,
Selma, CA 93662
28 Year Operating History
5.25%
CAP RATE
8,000
Building SF
$90,000
Current Rent
1.11 AC
Land Acres
NNN
Lease Type
1997
Year Built
Previous
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5.25%
CAP RATE
8,000
Building SF
$90,000
Current Rent
1.11 AC
Land Acres
NNN
Lease Type
1997
Year Built
INVESTMENT OVERVIEW
Essential CRE is pleased to present the opportunity to acquire the fee simple interest in the O'Reilly Auto Parts in Selma, CA (Fresno County). The subject property is 8,000 square feet and resides on 1.1 acres of land. O'Reilly Auto Parts (formally Kragen) has operated at this location for 28 years demonstrating the strength of both the tenant and Central Valley submarket.
INVESTMENT HIGHLIGHTS
28 Year Operating History (formerly Kragen); Top 75% Tier Store in the Nation per Placer AI
Strong National Credit Tenant with 8 Years Remaining on NNN Lease with Three, 5- Year Options and 7.5% Increases
Priced Well Below Replacements Costs - $214.29 PSF and Defendable In-Place Rents $1.07 PSF
MARKET OVERVIEW
Selma is a city located in Fresno County, California. Selma is situated in the San Joaquin Valley, about 16 miles southeast of Fresno. It's conveniently located near major highways, including State Route 99, which runs through the city. elma's economy is largely driven by agriculture, particularly the production of grapes, peaches, and cotton. The city also has some industrial and manufacturing sectors. Selma is connected to neighboring cities and Fresno by State Route 99, making it accessible by car. Public transportation options include bus services provided by Fresno County Rural Transit Agency. Overall, Selma is known for its agricultural roots, community spirit, and its strategic location in the San Joaquin Valley of California.
FOR MORE DETAILS CONTACT
Michael Cisternino
Managing Principal
(925) 388-0888
michael@essentialcre.com
CA 01708023, NV 1002492, ID PR59295
Nick Cole
Vice President of Investments
(925) 482-7044
nick@essentialcre.com
CA 01977282
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