1145 US Hwy. 491, Gallup, NM 87301
Description
This single-tenant O’Reilly Auto Parts store is located at 1145 US Highway 491 in Gallup, New Mexico, a strategic trade corridor serving western New Mexico and the broader Four Corners region. The property features a retail building situated on a well-positioned parcel with excellent highway visibility and access. Offering an impressive 7.0% cap rate, the asset is backed by O’Reilly Automotive Stores, Inc., a Missouri corporation and publicly traded Fortune 500 company (NASDAQ: ORLY), which operates the location as part of its national network of automotive aftermarket retail stores. The tenant has maintained continuous occupancy since 1999, demonstrating strong operational performance and long-term commitment to the site. The property benefits from O’Reilly’s established brand presence, consistent foot traffic, and the essential nature of automotive parts and accessories retail.
The property is located along US Highway 491, a primary north-south corridor connecting Gallup to surrounding communities and serving as a major commercial route through McKinley County. Gallup is strategically positioned along Interstate 40, one of the nation’s busiest east-west freight and travel corridors, approximately 140 miles west of Albuquerque and 25 miles east of the Arizona border. The area benefits from substantial regional traffic driven by interstate commerce, tourism to nearby Native American cultural sites, and service to the broader Four Corners region. The immediate trade area includes national retailers, hospitality operators, and service-oriented businesses catering to both local residents and transient demand. Highway visibility and accessibility make this location ideal for automotive parts retail, capturing both drive-by traffic and destination customers throughout McKinley County and adjacent markets.
Property Features:
- List Price: $2,300,000
- Total Land Area: +/-56,192 Sq.Ft.
- Cap Rate: 7.0%
- Zoning: Commercial
Address
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Address 1145 US Hwy. 491, Gallup, NM 87301
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Country United States
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Postal code/ZIP 87301
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Contact
Arian Zerehi
Property Agent
Arian Zerehi is an Investment Associate at Maher Commercial, specializing in the acquisition and disposition of multifamily properties, gas stations, and car washes across Southern California. With a strong foundation in Commercial Real Estate, Real Estate Development, and Real Estate Syndication, Arian leverages his in-depth industry knowledge to deliver optimal results for both buyers and sellers. Arian brings a strategic, client-first approach to every transaction, guiding clients through the complexities of buying, selling, or exchanging investment real estate. His success stems from a deep understanding of market dynamics, an ability to negotiate favorable terms, and an unwavering commitment to protecting his clients’ interests. He holds a dual degree in Real Estate Development and Business Administration from the University of Southern California and is a licensed Chevron, Shell, and Mobil dealer. Arian is also well-versed in Delaware Statutory Trusts (DSTs) across all U.S. states, providing his clients with tax-advantaged solutions and alternative investment opportunities. CA DRE 01987372
Oron Maher
Property Agent
Oron Maher is a leading commercial real estate veteran and the founder of Maher Commercial Realty, a Beverly Hills-based brokerage specializing in investment sales and leasing transactions across all property types within the Greater Los Angeles Area. With nearly two decades of experience representing high-profile buyers and sellers in the region, including major institutions and REITS, private family offices and individual investors, Oron has arranged over a billion dollars in transactions throughout his career and brings a wealth of knowledge, expertise and an unmatched level of client service to the Greater L.A. market. Oron Maher’s firm’s approach includes a customized approach to each opportunity in order to highlight its unique value, leading to record-breaking sales and long-term client relationships. Prior to launching his firm, Oron served as a broker and national sales leader for BRC Advisors. Prior to that, he spent nine years at Coldwell Banker Commercial, where he oversaw a team ranked in the top one percent of commercial brokers in the nation within the Coldwell network. Oron’s extensive experience as a former real estate attorney, investor, developer and community leader has fortified his work in building a successful brokerage in Los Angeles. Oron Maher holds a bachelor’s degree in business management from California State University, Long Beach and a juris doctorate from the San Francisco Law School. Oron’s entrepreneurial approach to Maher Commercial Realty blends his deep knowledge of the industry with a versatile skillset to secure optimal results across the board. An active community member, Oron has served on more than two dozen non-profit and for-profit boards and chaired the real estate section of the Beverly Hills Bar Association. His passion for giving back and empowering young adults and aspiring businesspeople through mentorship, networking and education led Oron to co-create The Maher Foundation, a nine-month fellowship program which provides development opportunities to recent graduates. BRE#01299093