1007-1027 E Irving Blvd | Irving, TX 75060
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- LoopNet Team
1007-1027 E Irving Blvd
Irving, TX 75060
O'Reilly Auto Parts · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate lease is with O’Reilly Auto Enterprises LLC Inc
- Absolute NNN with O'Reilly's paying all CAM expenses directly.
- Their are 4 options remaining and each are five-years with 10% bumps at renewal
- Investment Grade Tenant (BBB+; S&P) - O’Reilly Automotive ranks #279 in F500
- In addition to the 12,000 sqft of space on the 1st floor, there is also a basement with elevator, used for significant inventory storage
- With rent potential and bumps, CAP Rates for 2024 increase to 5.6% and in 2029 the CAP Rate increases to 6.30%
PROPERTY FACTS
Property Type
Retail
Property Subtype
Department Store
Building Size
61,281 SF
Building Class
C
Year Built
1956
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
4.83 AC
Zoning
CC - Commercial
Parking
156 Spaces (2.55 Spaces per 1,000 SF Leased)
Frontage
517’ on Irving Blvd
AMENITIES
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,560,950 | |
| Land Assessment | $1,103,050 | Total Assessment | $5,664,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,103,050
Improvements Assessment
$4,560,950
Total Assessment
$5,664,000
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
