O’Reilly Auto Parts Houston, TX

6543 North Eldridge Parkway
Houston, TX

Price: $3,111,000
Cap Rate: 5.00%
NOI: $155,536
Building Size: Approx. 7,228 Sq. Ft.
Lot Size: Approx. 1.072 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Parts
Year Built: 2022

Investment Overview

  • 2022 Construction. 7,396+/- SF Building on 0.84+/- Acre Site
  • Brand New 15 Yr Corporate Net Lease w/ (5) 5 Yr Renewal Options
  • Recession-Resilient Tenant Experiencing Tremendous Growth
  • Excellent Metro Location off of N Eldridge Parkway (35K VPD)
  • Strong Income Demographics w/ est. $107,065 within a 1-Mile Radius
  • S&P BBB+ Credit Rating w/ More Than 5,750 Locations
  • Houston¬† | 5th Largest MSA in the U.S.¬† |¬† Population: 2.33 M