1942 E Austin St - Auto Repair FOR SALE


Giddings, TX 78942 | 
$1,100,000 USD
513-300-0763
1942 E Austin St, Giddings, TX for Sale
$1,100,000 USD
Auto Repair - FOR SALE
1/4
null | 6.55% Cap Rate

1942 E Austin St
Giddings, TX 78942


HIGHLIGHTS

  • Corporate lease with O'Reilly Auto Enterprises, LLC, part of O'Reilly Automotive, Inc. (NASDAQ: ORLY) an investment-grade retail credit (BBB+ / Baa1)
  • Term extended in December 2024 to March 31, 2032, with three (3), five (5) year renewal options and scheduled rent increases in every option period.
  • Freestanding purpose-built build-to-suit store E Austin Street route US-290 takes through Giddings, the seat of Lee County.
  • NN+ structure — tenant is responsible for taxes, insurance and day-to-day maintenance; landlord retains roof and structure only.
  • Positioned near the junction of US-290 and US-77 on the Austin–Houston corridor, approximately 55 miles east of Austin and 100 miles west of Houston.

OVERVIEW

O'Reilly Automotive, Inc. (NASDAQ: ORLY) is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. Founded in 1957 and headquartered in Springfield, Missouri, the company serves both do-it-yourself customers and professional service-provider installers through 6,585 stores across the United States, Puerto Rico, Mexico and Canada as of December 31, 2025, on full-year 2025 sales of $17.8 billion and net income of $2.54 billion. O'Reilly is publicly traded and carries investment-grade senior unsecured ratings of BBB+ (S&P) and Baa1 (Moody's) — among the strongest in the automotive aftermarket net-lease sector. 2025 marked its 33rd consecutive year of comparable store sales growth and record revenue since its 1993 public listing. The company self-distributes through a national network of distribution centers and hub stores. The Giddings store has operated since 2007 in a building constructed to O'Reilly's own build-to-suit specification. Its December 2024 extension — seven additional years of firm term plus fifteen years of options — is a direct statement of the tenant's commitment to this location.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

6.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

-

APN/PARCEL ID

78751

ASK ABOUT THIS PROPERTY

Brian BrockmanBang Realty, IncMore Info
513-300-0763

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Brian BrockmanBang Realty, IncMore Info
513-300-0763

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