O’Reilly Auto Parts continues to demonstrate strong growth and operational stability in 2025. The company plans to open between 200 and 210 new stores this year, expanding its footprint in both urban and rural markets. This disciplined yet consistent expansion strategy reflects the brand’s confidence in long-term demand for automotive maintenance and repair, especially as the average age of vehicles on the road continues to rise. In Q1 2025, O’Reilly reported a 4% increase in total sales, reaching $4.14 billion, with comparable store sales up 3.6%—a strong performance amid broader retail volatility. No significant closures have been reported this quarter, reinforcing the company’s status as a reliable and well-managed tenant.
For net lease investors, O’Reilly Auto Parts offers a highly attractive profile due to its recession-resistant business model, consistent sales growth, and preference for freestanding, strategically located sites. Properties near busy roads, highway exits, or regional trade areas are ideal, especially where there’s a strong presence of do-it-yourself (DIY) and do-it-for-me (DIFM) customer bases. Investors should prioritize long-term corporate-guaranteed leases with scheduled rent escalations and minimal landlord responsibilities. With no signs of contraction and steady demand for vehicle parts and maintenance, O’Reilly remains a dependable NNN tenant for those seeking stable cash flow and portfolio diversification in the automotive retail sector.