Helios Investment Services is excited to offer for sale the O'Reilly Auto Parts store located at 1616 Tappahannock Blvd, Tappahannock, VA. This 7,225 SF property is leased to O'Reilly Auto Parts, a publicly traded Fortune 500 company (NASDAQ: ORLY) with a strong corporate guarantee and an investment-grade BBB credit rating from S&P. With over 15 years remaining on the lease, this NN+ property provides minimal landlord responsibilities, offering a secure, long-term investment with scheduled 6% rental increases at years 11, 16, and option periods.
This property is situated along Tappahannock Blvd, one of the busiest commercial corridors in Tappahannock, with over 44,050 vehicles passing by daily. The surrounding area is anchored by major retailers including Walmart Supercenter, Lowe's Home Improvement, and Food Lion, ensuring consistent customer traffic and strong market demand. Tappahannock is also the oldest town in Essex County, VA, providing a blend of historical charm and steady economic activity.