O’Reilly Auto Parts Boyd, TX

620 E Rock Island Ave
Boyd, TX

Price: $1,878,515
Cap Rate: 5.40%
NOI: $101,439
Building Size: Approx. 7,627 Sq. Ft.
Lot Size: Approx. 1.99 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2020

Investment Overview

  • 2020 Construction 7,627+/- SF Building on 1.99 +/- Acre Site
  • 15-year Corporate Net Lease with rent increases in the primary term and renewal options
  • Strategically located on E. Rock Island Avenue (17,000 VPD) | 30-miles from downtown Fort Worth, TX
  • 1-mile radius average household income $58,992 | Boyd, TX forecast of 40% increase in job growth within the decade
  • Greater DFW Metroplex (MSA) | Population 7.5M+ | 4th largest city in the USA