O’Reilly Auto Parts (Corporate)

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Location

531 FM 120 Pottsboro, TX 75076


Description

DuWest Realty Investment Services is pleased to offer a brand-new corporate O’Reilly Auto Parts ground lease in Pottsboro, Texas, about 10 miles north of Sherman and 5 miles west of Denison.​ The newly constructed building (October 2021) is just off the intersection of Highway 289 and FM 120, the town’s primary intersection.​ It is directly across the street from Brookshire’s, Pottsboro’s only supermarket.​ The building is O’Reilly’s prototype (7,228 square feet) and sits on a 1.0 acre of land.​ It has excellent visibility from the highway intersection with easy access from all directions.​ O’Reilly is scheduled to open for business in October 2021, with a projected rent commencement of October 23, 2021.​ The 15-year NNN lease commences at a healthy $14.85 per square foot and includes a 6% rental increase in Year 11.​ There are five, 5-year options with 6% rental increases in each.​ The asset presents a strong long-term investment for any buyer looking for a stable, passive cash flow from a strong corporate tenant.​

Investment Highlights

  • ​15-Year Corporate Lease
  • ​Strong Credit Tenant
  • ​Brand New Build-to-Suit
  • ​O’Reilly Prototype Building
Square Feet

7,228 SF


Contact Us About This Property

O’Reilly Auto Parts (Corporate)

531 FM 120 Pottsboro, TX 75076