Single Tenant Retail
O'Reilly Auto Parts
703 S Crain Hwy Glen Burnie, MD
Listing Price: $1,369,230
Cap Rate
6.50%
Net Operating Income
$89,000
Lease Type
NN
Lot Size
0.36 Acres
Rentable SF
8,832 SF
Guarantor
Corporate
Year Built/Renovated
1996 | 2020 (Roof & HVAC)
Investment Highlights:
Exclusivley Listed By:
SENIOR MANAGING DIRECTOR INVESTMENTS
DERRICK DOUGHERTY
(215) 531-7026
CREDIT-WORTHY, INVESTMENT GRADE TENANT
» O’Reilly Automotive is publicly traded (Nasdaq: ORLY), with 32 consecutive years of comparable store sales growth and an investment grade credit rating of BBB+ (S&P).
BRAND-NEW 10 YEAR LEASE
» Lease commenced in 2025 with a 5-year base term, and the first 5-year renewal option already exercised.
DENSE & GROWING SUBMARKET
» Anne Arundel County benefits from stable employment drivers (Fort Meade, BWI Airport, Northrop Grumman) and projected population and household growth of ~2.4% within 5 miles over the next 5 years
RECENT CAPITAL IMPROVEMENT | NN LEASE
» The roof was replaced 3 years ago and comes with a 15-Year transferable roof warranty, reducing the near-term landlord responsibilities.
STRATEGIC SUBMARKET POSITIONING
» Located on S. Crain Highway (23K+ VPD) connecting southern Maryland to Anne Arundel County and between the Baltimore (27.5M Annual Visitors) and Washington DC (27.2M Annual Visitors) markets.