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O'Reilly Auto Parts | Manor, TX 11032 E US Hwy 290 7,200 SF Retail Building Manor, TX 78653 $3,445,785 CAD ($478.58 CAD/SF) 5.33% Cap Rate



INVESTMENT HIGHLIGHTS
- Single Tenant Corporate O'Reilly Auto Parts (Investment Grade BBB; NASDAQ: ORLY)
- Four 5-year options with 6% rental increases
- Excellent Identity and Exposure: Located along Highway 290 with vehicle counts exceeding 52,000 cars per day
- Over 9 years remaining on the original 20-year term
- Top-Ranked Store: Store ranks in the top 30% of O’Reilly Auto Parts stores nationally per Placer.ai
- Recession- and Pandemic-Proof Tenant: O’Reilly’s saw an outstanding 14.5% increase in comparable-store sales in the 4th quarter of 2021
EXECUTIVE SUMMARY
Top-Ranked Store | Investment-Grade Tenant | Austin Texas MSA
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
7,200 SF
Building Class
C
Year Built
2015
Price
$3,445,785 CAD
Price Per SF
$478.58 CAD
Cap Rate
5.33%
NOI
$183,660 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.00 AC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- -
- -
- Triple Net
- Jan 2035
O'Reilly Automotive entend être le fournisseur dominant de pièces automobiles sur son marché en offrant à ses clients de détail, à ses installateurs professionnels et à ses jobbers la meilleure combinaison de prix et de qualité, avec le plus haut niveau de service possible. Afin d'accomplir cette mission, O'Reilly offrira un plan d'avantages sociaux et de rémunération qui attirera et gardera le genre de personnes qui permettront à la Société d'atteindre ses objectifs de croissance et de réussite.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Retailer | - | - | Triple Net | Jan 2035 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 841238 | Improvements Assessment | $1,700,353 CAD |
| Land Assessment | $1,209,661 CAD | Total Assessment | $2,910,014 CAD |
PROPERTY TAXES
Parcel Number
841238
Land Assessment
$1,209,661 CAD
Improvements Assessment
$1,700,353 CAD
Total Assessment
$2,910,014 CAD
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O'Reilly Auto Parts | Manor, TX | 11032 E US Hwy 290
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