1275 N Main StVidor, TX 77662
For Sale
$1,104,000
10-year absolute NNN O'Reilly Auto Parts property
Overview
- Added:
- Jan 6
- Days on market:
- 67
Highlights
- O'Reilly Auto Parts has demonstrated strong dedication to this location since taking over an existing auto parts store in 2007. As their lease approached expiration in 2023, they opted to exercise their first renewal option. The landlord then negotiated an extended agreement, pushing the lease expiration from 2028 to 2033. This extension ensures nearly 10 years of remaining lease term, underscoring the tenant's confidence in this location. Prime Walmart-Adjacent Location The property benefits from its strategic location directly across the street from the city’s only Walmart Supercenter. A significant local retail shift occurred when Brookshire Brothers vacated an adjacent space to Walmart, allowing Walmart to expand into a Supercenter format. This prominent placement enhances visibility and draws consistent customer traffic.
Property Details for 1275 N Main St
- Sale Condition
- lease-option
- Property type
- Automotive properties, Other retail properties
- Investment Type
- net-lease
- Square Feet
- 8,005 SF
- Price / Square Foot
- $137.91
- Buildings
- 1
- Stories
- 1
- Elevators
- N/A
- Lot Size (sq. ft)
- 36,155 SF
- Net Operating Income
- $60,728
Location Insight
- City
- Vidor
- County
- State
- Texas
Nearby Similar for Sale
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