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
- Absolute NNN Lease
- The majority of available O’Reilly Auto Parts properties are NN with a 6% rent increase in Year 11
- Defendable annual rent of $13.59/SF
- 2% annual rent increases (5.90% blended cap rate over remaining term)
- Ranked in the 86th percentile nationwide & 84th percentile in Texas for visits over the past 12 months
- Ideal demographics: 78,718 residents within 3-miles with $58,762 Average Household Incomes
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,600 SF
Building Class
C
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
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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