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O'Reilly Auto Parts (Low Price-Point) 705 Bessemer Ave 10,020 SF Retail Building Llano, TX 78643 $722,000 ($72.06/SF) 6.74% Cap Rate
INVESTMENT HIGHLIGHTS
- Below Market Rent ($4.86/SF) Compared to Other O’Reilly Auto Locations
- Low Price Point – Priced at Only $72.06 PSF
- Texas Hill Country Location ±70 Miles From Austin and San Antonio
- Excellent Access and Visibility on Bessemer Avenue (12,728 VPD)
- Double Net Lease With 1.4 Years Remaining
EXECUTIVE SUMMARY
Offered for sale is a corporately guaranteed O’Reilly Auto Parts in Llano, Texas, featuring below-market rent ($4.86/SF) compared to other O’Reilly Auto locations. The property is positioned in the Texas Hill Country, approximately 70 miles from Austin and San Antonio. Located near the Llano River Railroad District and within walking distance to Badu Park, the site benefits from steady local and visitor traffic throughout the year.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
10,020 SF
Building Class
B
Year Built
2012
Price
$722,000
Price Per SF
$72.06
Cap Rate
6.74%
NOI
$48,696
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.63 AC
Opportunity Zone
Yes
Zoning
F1 - Commercial
Parking
24 Spaces (2.4 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 40608 | Improvements Assessment | $277,000 |
| Land Assessment | $85,530 | Total Assessment | $362,530 |
PROPERTY TAXES
Parcel Number
40608
Land Assessment
$85,530
Improvements Assessment
$277,000
Total Assessment
$362,530
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O'Reilly Auto Parts (Low Price-Point) | 705 Bessemer Ave
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