O’Reilly Auto Parts Garland, TX

1850 South Shiloh Road
Garland, TX

Price: $2,879,500
Cap Rate: 5.00%
NOI: $143,971
Building Size: Approx. 7,453 Sq. Ft.
Lot Size: Approx. 1.502 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Parts
Year Built: 2022

Investment Overview

  • 2022 Construction. 7,453+/- SF Building on 1.502+/- 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 Location Along S Garland Rd/Hwy 87 (14K VPD) Near Industrial & Logistics Centers
  • Garland has Experienced a Population Increase of Over 30K Residents Since 2010
  • Tenant has an S&P BBB+ Credit Rating w/ more than 5,750 Locations
  • Garland  |  Part of the Dallas-Fort Worth Metroplex  |  Population: 242,000+