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400 N Main St
Andrews, TX 79714
O'Reilly Auto Parts · Retail Property For Sale

ATTACHMENTS

Other

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
6,000 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.48 AC
Parking
26 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
154’ on N Main

ABOUT 400 N MAIN ST , ANDREWS, TX 79714

* The property is 100% leased to O' Reilly Automotive Stores, Inc. * Long term twenty (20) year lease with sixteen (16) years remaining on the base lease term. * Three (3), Five (5) Year Renewal Options with 6% increases beginning in year 11 and in each option period. * The subject property is centrally located with access to the city' s main corridor. The site has excellent access, visibility and traffic counts of 9,000 VPD on Main Street retail tenants include: Bealls, Subway, Dollar General,Napa Auto Parts, Family Dollar, AutoZone, Dairy Queen, Sonic, Pizza Hut and McDonalds. * As of December 31, 2015, O' Reilly Automotive, Inc. had revenues of $7.96 billion, a net income of $916 million and a net worth in excess of $1.9 billion. The company currently maintains an investment grade S&P rating of BBB+. Andrews has recently experienced, arguably, the greatest period of growth and development in its history. For two consecutive years, Andrews has been the fastest growing micropolitan area (city with 10-50K pop.adjacent to MSA) in Texas & surpassing more well-known communities such as Kerrville, Granbury, Fredericksburg, Marshall and Brenham & and leading to a national feature on MSNBC.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
000000090515
Land Assessment
$67,500
Improvements Assessment
$269,617
Total Assessment
$337,117
  • Listing ID: 5970282

  • Date on Market: 2/22/2017

  • Last Updated:

  • Address: 400 N Main St, Andrews, TX 79714

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