12750 Shadow Creek Parkway
Pearland, TX
Price:
$2,784,500
Cap Rate:
5.00%
NOI:
$139,210
Building Size:
Approx. 7,396 Sq. Ft.
Lot Size:
Approx. 0.763 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Parts
Year Built:
2022
Investment Overview
- 2022 Construction. 7,396+/- SF Building on 0.763+/- Acre Site
- Brand New 15 Yr Corporate Net Lease w/ (4) 5 Yr Renewal Options
- O’Reilly is a Recession-Resilient Tenant Experiencing Tremendous Growth
- Excellent Location on the Signalized Intersection of Shadow Creek Pkwy (25K VPD) and Kingsley Dr (8.5K VPD)
- Direct Residential Consumer Base w/ a Population of 210,000+ within a 5 Mile Radius
- Tenant has an S&P BBB+ Credit Rating w/ more than 5,750 Locations
- Pearland | Part of the Houston MSA | Houston Population: 2.33MM