- 2019 Construction. 3,230+/- SF Building on 0.68+/- Acre Site
- 10+ Years Remaining on 15-Year Abs. NNN Lease w/ 10% Rental Increases Every 5 Years, Plus (2) 5-Year Options to Renew
- Strong Corporate Guarantee – Grease Monkey Intl. is a Wholly Owned Subsidiary of Full Speed Automotive
- Ideally Positioned Along Parkwood Ave (FM 528), the Main Arterial Road Through Friendswood (33,500+ VPD)
- Phenomenal Demographics & Growth – 5-Mile Radius Population of 110k+ w/ Avg. HH Income of $162k+
- Grease Monkey International is the Nation’s Largest Independent Franchisor of Automotive Oil Change (2M+ Customers Per Year)
- Friendswood | 24 Miles From Downtown Houston, TX | Population: 40,833+
Property Subtype: Automotive Parts
Tires Plus Total Car Care
- 1998 Construction. 6,762+/- SF Building on 0.86+/- Acre Site
- Absolute NNN Lease w/ 10% Rental Increases Every 5 Years at Each Option
- Located Near the Corner of 10th Ave North (32,600+ VPD) and S Congress Ave (42,800+ VPD)
- Strong Demographics: 332,000 Residents w/in a 5-Mile Radius w, Average HH Income Over $100,000
- Across From Palm Springs Plaza, a 280,000+ SF Shopping Center with 45 Stores
- Bridgestone (Tires Plus’ Parent Company) is the World’s Largest Manufacturer of Tires
- Lake Worth | Part of the Miami Metropolitan Area | Population: 43,201
Advance Auto Parts
- 2023 Construction. 7,000+/- SF Building on 0.75+/- Acre Site
- Brand New 15 Year NNN Lease w/ 5% Rent Bump in Year 10 & 10% Rent Bumps Every 5 Yrs. in Option Periods
- Subject Property is Located off Chris Kelley Blvd (23,680 VPD) & I-79 (33,000 VPD)
- Anchor Tenants Include Lowe’s & Home Depot. Near Other National Retailers Including McDonald’s, Taco Bell, Chipotle, & More.
- New $24B Samsung Semi-Conductor Plant Near Property – Operational in Second Half of 2024 – Creating Over 2,000 Jobs
- Advance Auto Parts is One of the Largest Auto Stores in U.S. w/ Over $16B in Revenue & Over 112,000 Employees
- Hutto | One of the Fastest Growing Suburbs in Austin | Award Winning School Districts & Affordable Housing
Advance Auto Parts
- 2022 Construction. 16,000 +/- SF Building on 1.84+/- Acre Site
- Brand New Corporate 15 Year Lease w/ 10% Rental Bump in Year 11, and Every 5 Years Afterwards
- Excellent High Traffic Location at the Three-Way Signalized Intersection of Parkway E & Shopping Center Dr (29,600 Combined VPD)
- Shadow Anchored by Walmart Supercenter and Near Several Other National Tenants Including Harbor Freight Tools, Dollar Tree, Chick-fil-A, Walgreens, and More.
- Subject Property Serves as Both a Retail Store and Distribution Site that Stocks Inventory for Other Advance Auto Parts Locations
- Advance Auto Parts (NYSE: AAP) is a Leading Automotive Market Parts Provider & Official Auto Parts Retailer of NASCAR
- Birmingham | Part of the Birmingham-Hoover MSA (Greater Birmingham) | County Population: 1.1 Million
AutoZone
- 2023 Construction. 7,000 +/- SF Building on 0.77+/- Acre Site
- Brand New Corporate 15 Year Absolute NNN Ground Lease w/ 8% Rental Increases Every 5 Years
- Excellent High Traffic Location Near the Intersection of FM 1960 & Kenswick Dr (57K Combined VPD)
- Adjacent to George Bush Intercontinental Airport (Sees 46+ Million Passengers Annually)
- Situated Directly in Front of 2.5+ Million Sqft of Warehouses including Amazon, DHL, and PODS.
- AutoZone (S&P BBB) is the Largest Auto Parts Chain w/ Over 6,900 Stores
- Humble | Part of the Houston MSA | Houston Population: 2.33 MM+
O’Reilly Auto Parts
- 2023 Construction. 7,453+/- SF Building on 2.703+/- 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 Hard Corner Location off of Aldine Bender Rd (11K VPD), Just off of I-69 (154K VPD)
- Located in a Dense Industrial Area Near USPS North Houston Distribution Center
- O’Reilly Auto Parts has an S&P BBB+ Credit Rating & More Than 6,000 Locations
- Houston | 5th Largest MSA in the US | Population: 2.33 MM+
O’Reilly Auto Parts
- 2023 Construction. 7,453+/- SF Building on 1.0+/- 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 off of Gerstner Memorial Dr. (17K VPD) Near E McNeese St (11K VPD)
- Subject Property is Within 0.5 Miles of 3 National Car Dealerships
- O’Reilly Auto Parts has an S&P BBB+ Credit Rating & More Than 6,000 Locations
- Lake Charles | Home to More Than 75 Annual Festivals | Population: 81,000+
O’Reilly Auto Parts
- 2022 Construction. 7,913+/- SF Building on 0.706+/- 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 W Bellfort Blvd (16K VPD) Near Dairy Ashford Rd (12K VPD)
- Subject Property is Surrounded by Over 411,000 Residents Within a 5-Mile Radius
- O’Reilly Auto Parts has an S&P BBB+ Credit Rating & More Than 5,900 Locations
- Meadows Place | Part of the Houston Metroplex | Population: 4,500+
O’Reilly Auto Parts
- 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
O’Reilly Auto Parts
- 2022 Construction. 7,428+/- SF Building on 1.382+/- 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 Just off of US 287 (44K VPD) on Kennedale Sublet Rd (8K VPD)
- Subject Property is Located in Tarrant County, One of the Fastest Growing Regions in the US
- Tenant has an S&P BBB+ Credit Rating w/ more than 5,750 Locations
- Kennedale | Part of the Dallas-Fort Worth Metroplex | Population: 9,000+