O’Reilly Auto Parts – Comanche, TX

By September 23, 2019Available Properties

Investment Offering – $1,431,000

400 East Central Avenue | Comanche, TX

NOI: $80,157 Cap Rate: 5.60%
Lease Term: 15 Remaining Term: 15
Lease Type: NN Building Sq. Ft.: 7,225
Renewal Options: Four (4), Five (5) Year Options

PROPERTY HIGHLIGHTS

  • Brand New (15) Year lease with Fifteen (15) Years remaining on the base lease term.
  • Four (4), Five (5) Year Renewal Options with 6% increases beginning in year 11 and in each option period.
  • The subject property is centrally located on one of the city’s main corridors.
  • The site has excellent visibility and traffic counts of 11,514 VPD on East Central Avenue
  • The property is 100% leased to O’Reilly Automotive Stores, Inc.
  • As of December 31, 2018, O’Reilly Automotive, Inc. had revenues of $9.54 Billion, and operated 5,219 Stores in 47 States
  • O’Reilly currently maintains an investment grade S&P rating of BBB and a Baa1 from Moody’s

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: