O’Reilly Auto Parts Beaumont, TX

705 North Martin Luther King Junior Parkway
Beaumont, TX

Price: $2,622,000
Cap Rate: 4.85%
NOI: $127,155
Building Size: Approx. 7,190 Sq. Ft.
Lot Size: Approx. 1.033 Acres
Type: / Retail
Sub Category: Automotive Parts
Year Built: 2022

Investment Overview

  • 2022 Construction. 7,190+/- SF Building on 1.033+/- Acre Site
  • Brand New 15 Yr Corporate Net Lease w/ (5) 5 Yr Renewal Options
  • O’Reilly is a Recession-Resilient Tenant Experiencing Tremendous Growth
  • Excellent Highway Location on I-10 (96K VPD) and N Martin Luther King Pkwy (26K VPD)
  • Strong Income Demographics w/ est. $74,410 within a 5-Mile Radius
  • S&P BBB+ Credit Rating w/ more than 5,750 Locations
  • Beaumont  | Home to the ExxonMobil Refinery & Chemical Plant  |  Population: 118,000+