1850 South Shiloh Road
Garland, TX
Price:
$2,548,500
Cap Rate:
5.65%
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+
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