O’Reilly – Andrews TX

By February 9, 2017Available Properties

Investment Offering – $1,059,200

Location: 400 N Main St, Andrews TX 79714

Current Rent: $63,552 Cap Rate: 6%
Lease Term: 20 Remaining Term: 16
Lease Type: NN Building Sq. Ft.: 6,000
Renewal Options: Three (3), Five (5) year options

PROPERTY HIGHLIGHTS

  • The property is 100% leased to O’Reilly Automotive Stores, Inc.
  • Long term twenty (20) year lease with sixteen (16) years remaining on the base lease term.
  • Three (3), Five (5) Year Renewal Options with 6% increases beginning in year 11 and in each option period.
  • The subject property is centrally located with access to the city’s main corridor. The site has excellent access, visibility and traffic counts of 9,000 VPD on Main Street retail tenants include: Bealls, Subway, Dollar General, Napa Auto parts, Family Dollar, AutoZone, Dairy Queen, Sonic, Pizza Hut and McDonalds.
  • As of December 31, 2015, O’Reilly Automotive, Inc. had revenues of $7.96 billion, a net income of $916 million and a net worth in excess of $1.9 billion. The company currently maintains an investment grade S&P rating of BBB+.

CONTACT US

PAUL TRUPIA III
P: 646.791.0818
paul@kentwoodcapital.com

ED BRESLIN
P: 310.774.3790
ebreslin@kentwoodcapital.com

OFFERING
MEMORANDUM

To download the offering memorandum, please enter your name, email address and indicate whether you are a Buyer or Broker: