4425 E Lancaster Ave
Fort Worth, TX 76103
O'Reilly Auto Parts · Retail Property For Sale

- Income Tax-Free State – Texas is 1 of only 8 states with no state income tax - High Traffic – The site sits on E Lancaster, the busiest road in east Fort Worth seeing over 19,000 VPD - Lower Rent Store– O’Reilly Auto Parts pays ±$15/SF on average for their new locations, and the subject property is only paying ±$11/SF. It will never exceed $15/SF even in the option periods, making it relatively easy to replace rent. - Upcoming Rent Increase – There is a 5% rent increase coming up in 2020 that will increase the yield to 6.30% at list price and help hedge against inflation. - Retail Synergy – Property sits on a retail corridor surrounded by other strong national tenants like Dollar General, Sherwin Williams, Jack in the Box, McDonald’s, Whataburger, Walgreens, CVS, and more. - Low $/SF – At list price, investors are purchasing the property for only ±$192/SF, which is likely below the replacement cost of that building. - ± 50% Larger Lot – New O’Reilly Auto Parts properties typically sit on 1 acre (±43,560 SF) of land but this one offers investors 1.5 acres (±62,523 SF) and more re-development options in the future. Rapid Growth – Both the 1 and 3 mile radius have experienced an average of ±15% growth since 2010 and still expect to grow by another ±11% over the next 5 years