The Knipp Wolf Net Lease Group of Marcus & Millichap Closes the Sale of a Triple-Net Lease O’Reilly Auto Parts in Centennial, Colorado

Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a triple-net lease O’Reilly Auto Parts in Centennial, Colorado according to Tim A. Speck, division manager in the firm’s Dallas office.

Vincent Knipp, Senior Managing Director Investments, in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller, a private developer. Adam Lewis is Marcus & Millichap’s broker of record in Colorado. The property was purchased by an all-cash, local group.

O’Reilly Auto Parts signed a new 15-year lease in a highly affluent south Denver submarket. The 8,482-square-foot, freestanding building was built in 2022 and features upgraded brick construction.

O’Reilly Auto Parts is located at 6751 S Potomac Street in Centennial, Colorado.