1204 Federal Rd | Houston, TX 77015
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- LoopNet Team
1204 Federal Rd
Houston, TX 77015
O’Reilly Auto Parts · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand-new 1 5-year absolute net lease extension in tax-free state
- Corporate lease backed by investment grade tenant
- Longstanding operating history – 36 years at this location
- 9% rental increases every 5 years providing a hedge against inflation
- Replaceable rent – $16/SF
- Top 15% O’Reilly location nationwide in terms of annual visits (per Placer.ai)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
8,256 SF
Building Class
C
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.86 AC
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 0690390000111 | Improvements Assessment | $750,589 |
| Land Assessment | $224,328 | Total Assessment | $974,917 |
PROPERTY TAXES
Parcel Number
0690390000111
Land Assessment
$224,328
Improvements Assessment
$750,589
Total Assessment
$974,917
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