O’Reilly Auto Parts Cleveland, TX

1216 East Houston Street
Cleveland, TX

Price: $3,026,500
Cap Rate: 4.85%
NOI: $146,785
Building Size: Approx. 7,225 Sq. Ft.
Lot Size: Approx. 1.09 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Parts
Year Built: 2021

Investment Overview

  • 2021 Construction. 7,225+/- SF Building on 1.09+/- Acre Site
  • 15 Yr Corporate Net Lease w/ (5) 5 Yr Renewal Options
  • Recession-Resilient Tenant Experiencing Tremendous Growth
  • Near Family Dollar, CVS, Taco Bell, Walmart, H-E-B, & Dollar General
  • Strong Income Demographics w/ est. $60,834 within a 1-Mile Radius
  • S&P BBB+ Credit Rating w/ more than 5,500 Locations
  • Cleveland¬† | Vibrant Houston, TX Suburb |¬† Houston MSA