7767 Great Trinity Forest Way
Dallas, TX 75217
O'REILLY AUTO PARTS · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rare Ground Lease: O’Reilly operates under an Absolute NNN Ground Lease with zero landlord responsibilities. Most O’Reilly Auto Parts feature an NN
- Below Market Rents: O’Reilly Auto Parts is currently paying 1/3 of market rent. O’Reilly is paying $6.54/SF compared to current market rents of ±$19/S
- Excellent Visibility: O’Reilly Auto Parts benefits from seeing ±25,000 vehicles daily and is located ¼ mile from the on/off ramp accessing US-175.
- Top Performing Location: Per Placer.ai, This O’Reilly location ranks as the #1 store out of 44 locations across Dallas, TX, and ranks in the top 5%
- Increase Schedule: The lease calls for 8% Increases beginning each of the three, 5-year option periods.
- Densely Populated Surrounding Area: The 5-mile population features over 196,00 residents accounting for over 56,000 households.
EXECUTIVE SUMMARY
Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,225 SF
Building Class
B
Year Built
2011
Price
$945,840
Price Per SF
$130.91
Cap Rate
5%
NOI
$47,292
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.70 AC
Zoning
RR
Parking
35 Spaces (4.84 Spaces per 1,000 SF Leased)
Frontage
179’ on Loop 12 Rd
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $855,560 | |
| Land Assessment | $437,160 | Total Assessment | $1,292,720 |
