11032 E US Hwy 290 - Retail FOR SALE


Manor, TX 78653- Northeast Austin
$2,479,000 USD
844-585-7671
11032 E US Hwy 290, Manor, TX for Sale
$2,479,000 USD
Retail - FOR SALE
1/3
null | 5.33% Cap Rate

11032 E US Hwy 290
Manor, TX 78653
Northeast Austin


HIGHLIGHTS

  • Single Tenant Corporate O'Reilly Auto Parts (Investment Grade BBB; NASDAQ: ORLY)
  • Over 9 years remaining on the original 20-year term
  • Four 5-year options with 6% rental increases
  • Top-Ranked Store: Store ranks in the top 30% of O’Reilly Auto Parts stores nationally per Placer.ai
  • Excellent Identity and Exposure: Located along Highway 290 with vehicle counts exceeding 52,000 cars per day
  • Recession- and Pandemic-Proof Tenant: O’Reilly’s saw an outstanding 14.5% increase in comparable-store sales in the 4th quarter of 2021

OVERVIEW

Top-Ranked Store | Investment-Grade Tenant | Austin Texas MSA

FOR SALE DETAILS

PRICE

$2,479,000 USD

PRICE/SF

$344 USD /SF

CAP RATE

5.33%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

O'Reilly Auto Parts | Manor, TX

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

841238

ASK ABOUT THIS PROPERTY

Jeremy McChesneyHanley Investment GroupMore Info
844-585-7671

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jeremy McChesneyHanley Investment GroupMore Info
844-585-7671

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.