O'REILLY AUTO PARTS 740 SOUTH MAIN ST, ANGEL CAMP, CA 95222 OFFERING MEMORANDUM
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O’REILLY AUTO PARTS
740 SOUTH MAIN ST, ANGEL CAMP, CA 95222
OFFERING MEMORANDUM
Angel Camp, CA
2
Exclusivly Listed By
Conrad Sarreal Chad Kurz
Senior Associate SVP & National Director
C o n r a d . Sa r r e a l @ m a t t h e w s.c o m C had . Kur z @matthe w s.co m
DIR ( 3 1 0 ) 91 9- 5 760 D IR (2 14 ) 692 - 2 92 7
M OB ( 62 6) 2 3 0 - 1 0 0 6 MO B (5 62 ) 4 8 0- 2 93 7
L I C # 0 1 98 2 8 75 ( CA ) LIC # 01911198 (CA)
O’reilly auto parts
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INVESTMENT HIGHLIGHTS
One of the Strongest Credit Ratings in the Retail Industry Rare Absolute NNN Lease – This location was one of
- O’Reilly Auto Parts offers one of the strongest guarantees the former CSK stores that offers investors a very passive
in the country with a better credit rating (BBB+) than investment with no landlord responsibilities.
Advance Auto Parts, AutoZone, Albertsons, Capital One,
Brinker International, Circle K, Darden Restaurants, DaVita
Dialysis, Dollar General, Dollar Tree, FedEx, Fresenius,
Kroger, Michael’s, Pep Boys, Yum! Brands, and Walgreens.
The current market cap is over $21B, annual revenue is
nearly $9B and the stock has more than doubled in the last
5 years.
Commitment to the Location – O’Reilly Auto Parts High Return for California Real Estate – Most national
has demonstrated their commitment to this location by credit tenant deals in California offer investors sub-5%
exercising their first option a few years ago in addition to and sub-6% returns. However, this deal offers investors
adding 1 more option on the back-end, totaling 3 with 12% the pride of owning California real estate and receiving an
rent increases each. attractive 6.85% return for the next 3+ years.
Low Competition in the Area – Aside from the presence
of a small Napa Auto Parts franchisee store in Angel Camp,
there is no AutoZone or Advance Auto Parts store within a
15-mile radius.
Angel Camp, CA
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FINANCIAL OVERVIEW
740 SOUTH MAIN ST, ANGEL CAMP, CA 95222
List Price Cap Rate TENANT SUMMARY
$1,665,000 6.85%
Tenant Trade Name O’Reilly Auto Parts
Type of Ownership Fee Simple
Lease Type NNN
GLA Lot Size Lease Guarantor Corporate
Original Lease Term 15 years
± 7,000 SF ±0.67 AC Rent Commencement Date 3/16/2001
Lease Ex Date 3/31/2021
Term Remaining ±2.5 years
Year Built Increases 12% in Options
Options Three, 5-Year Options
2001
ANNUALIZED OPERATING DATA
Monthly Rent Annual Rent Rent/SqFt Cap Rate
Current $9,500 $114,000.00 $16.26 6.85%
Option 1 $10,640 $127,680.00 $18.24 7.67%
Option 2 $11,916.80 $143,001.60 $20.43 8.59%
Option 3 $13,346.82 $160,161.84 $22.88 9.62%
O’reilly auto parts
A5 Angel Camp, CA
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Property Name O’Reilly Auto Parts
Ownership Public
Revenue $7.97B
Net Income $931.22M
No. of Locations ± 4,570
No. of Employees ± 71,943
Headquartered Springfield, MO
Website http://www.oreillyauto.com
Year Founded 1957
TENANT OVERVIEW
The fast-growing company sells automotive aftermarket parts (both new and remanufactured), maintenance supplies, professional service equipment,
tools, and accessories through some 4,570 stores across some 44 US states and online. Many O’Reilly stores also offer customers a range of services,
including oil and battery recycling, battery testing, paint mixing, and tool rental. The family founded and operated company wheels and deals with
automotive professionals, as well as do-it-yourself customers.
STRATEGY
O’Reilly is a company dedicated to providing their customers with amazing service. Their customer service culture is their greatest competitive
advantage and the driving force behind their marketing strategy. Their constant priority is to identify, hire, and develop exceptional team members
while teaching them the culture values of hard work, enthusiasm, professionalism, teamwork, respect, and honesty.
O’reilly auto parts
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S
Ma
in
St
± 9,0
00
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Angel Camp, CA
8 Angel Camp BY THE NUMBERS (7-Mile)
8,178
POPULATION
$79,553
AVERAGE HOUSEHOLD INCOME
50.4
MEDIAN AGE
O’reilly auto parts
A9 Angel Camp, CA
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AREA OVERVIEW
Angel Camp, CA Demographics
Angel Camp, also known as Angels City is in Calaveras County in the middle
POPULATION 3 - MILE 5 - MILE 7 - MILE
of California. The town shows a natural side of the state, with many historical
sites throughout. It first became popular after being the destination for Mark 2023 Projection 3,959 5,154 8,230
Twain’s “The Jumping Frog of Calaveras County” in 1865. Angel Camp is a 2018 Estimate 4,036 5,178 8,178
California Historical Landmark because of its significance in the Gold Rush. HOUSEHOLDS 3 - MILE 5 - MILE 7 - MILE
Now, it holds one of the best Gold Rush history museums in the west.
2023 Projection 1,740 2,269 3,655
2018 Estimate 1,759 2,261 3,604
There are great outdoor activities such as hiking, water activities, and more
INCOME 3 - MILE 5 - MILE 7 - MILE
leisurely activities such as winery and brewery hopping. There is nothing better
at the end of the day then watching the sunset over the beautiful rolling hills. Average Household
$78,911.49 $78,888.83 $79,553.65
Income
O’reilly auto parts13
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A
Confidentiality Agreement & Disclaimer
This Offering Memorandum contains select information pertaining to the business and affairs of O’Reilly Auto Parts located at 740
South Main St, Angel Camp, CA 95222 (“Property”). It has been prepared by Matthews Real Estate Investment Services. This Offering
Memorandum may not be all-inclusive or contain all of the information a prospective purchaser may desire. The information contained in
this Offering Memorandum is confidential and furnished solely for the purpose of a review by a prospective purchaser of the Property. It is
not to be used for any other purpose or made available to any other person without the written consent of Seller or Matthews Real Estate
Investment Services. The material is based in part upon information supplied by the Seller and in part upon financial information obtained
from sources it deems reliable. Owner, nor their officers, employees, or agents makes any representation or warranty, express or implied, as
to the accuracy or completeness of this Offering Memorandum or any of its contents and no legal liability is assumed or shall be implied with
respect thereto. Prospective purchasers should make their own projections and form their own conclusions without reliance upon the material
contained herein and conduct their own due diligence.
By acknowledging your receipt of this Offering Memorandum for the Property, you agree:
1 . The Offering Memorandum and its contents are confidential;
2. You will hold it and treat it in the strictest of confidence; and
3. You will not, directly or indirectly, disclose or permit anyone else to disclose this Offering Memorandum or
its contents in any fashion or manner detrimentalto the interest of the Seller.
Owner and Matthews Real Estate Investment Services expressly reserve the right, at their sole discretion, to reject any and all expressions
of interest or offers to purchase the Property and to terminate discussions with any person or entity reviewing this Offering Memorandum
or making an offer to purchase the Property unless and until a written agreement for the purchase and sale of the Property has been fully
executed and delivered.
If you wish not to pursue negotiations leading to the acquisition of the Property or in the future you discontinue such negotiations, then you
agree to purge all materials relating to this Property including this Offering Memorandum.
A prospective purchaser’s sole and exclusive rights with respect to this prospective transaction, the Property, or information provided herein
or in connection with the sale of the Property shall be limited to those expressly provided in an executed Purchase Agreement and shall
be subject to the terms thereof. In no event shall a prospective purchaser have any other claims against Seller or Matthews Real Estate
Investment Services or any of their affiliates or any of their respective officers, Directors, shareholders, owners, employees, or agents for any
damages, liability, or causes of action relating to this solicitation process or the marketing or sale of the Property.
This Offering Memorandum shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has
been no change in the state of affairs of the Property since the date this Offering Memorandum.
Angel Camp, CA12 ™
OFFERING MEMORANDUM
O’REILLY AUTO PARTS
740 SOUTH MAIN ST, ANGEL CAMP, CA 95222
Exclusivly Listed By
Conrad Sarreal Chad Kurz
Senior Associate SVP & National Director
C o n r a d . Sa r r e a l @ m a t t h e w s.c o m C had . Kur z @matthe w s.co m
DIR ( 3 1 0 ) 91 9- 5 760 D IR (2 14 ) 692 - 2 92 7
M OB ( 62 6) 2 3 0 - 1 0 0 6 MO B (5 62 ) 4 8 0- 2 93 7
L I C # 0 1 98 2 8 75 ( CA ) LIC # 01911198 (CA)You can also read
