1204 Federal Rd - Auto Repair FOR SALE
Houston, TX 77015 |
1204 Federal Rd
Houston, TX 77015
HIGHLIGHTS
- Brand-new 1 5-year absolute net lease extension in tax-free state
- 9% rental increases every 5 years providing a hedge against inflation
- Corporate lease backed by investment grade tenant
- Replaceable rent – $16/SF
- Longstanding operating history – 36 years at this location
- Top 15% O’Reilly location nationwide in terms of annual visits (per Placer.ai)
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
O’Reilly Auto Parts
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
8256
STORIES
1
YEAR BUILT
1988
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
0690390000111
