1204 Federal Rd
Houston, TX 77015
Northshore
HIGHLIGHTS
- Absolute NNN Lease
- 2% annual rent increases (5.90% blended cap rate over remaining term)
- The majority of available O’Reilly Auto Parts properties are NN with a 6% rent increase in Year 11
- Ranked in the 86th percentile nationwide & 84th percentile in Texas for visits over the past 12 months
- Defendable annual rent of $13.59/SF
- Ideal demographics: 78,718 residents within 3-miles with $58,762 Average Household Incomes
FOR SALE DETAILS
PRICE
$2,069,000 USD
PRICE/SF
$251 USD /SF
CAP RATE
5.65%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
O'Reilly Auto Parts
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.86 AC
LAND SF
37,388 SF
ZONING
n/a
APN/PARCEL ID
0690390000111
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415-481-0377
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415-481-0377
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