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11032 E US Hwy 290
Manor, TX 78653 Northeast Austin

$2,300,000 USD

General Retail For Sale  •  7,200 SF

Property Details

  • Property Type General Retail
  • Total Building Size 7,200 SF
  • Lot Size 1 AC
  • Building Class C
  • Year Built 2015
  • Cap Rate 5.75 %
  • Tenancy Single
0 Transit Score
44 Walk Score

Highlights

Single Tenant Corporate O'Reilly Auto Parts (Investment Grade BBB; NASDAQ: ORLY)
Over 9 years remaining on the original 20-year term
Four 5-year options with 6% rental increases
Top-Ranked Store: Store ranks in the top 30% of O’Reilly Auto Parts stores nationally per Placer.ai
Excellent Identity and Exposure: Located along Highway 290 with vehicle counts exceeding 52,000 cars per day
Recession- and Pandemic-Proof Tenant: O’Reilly’s saw an outstanding 14.5% increase in comparable-store sales in the 4th quarter of 2021
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
O'Reilly Auto Parts 1/31/2035

Public Transportation

AirportDriveWalkDistance
Austin-Bergstrom International 28 min - 19.7 mi
Jeremy McChesney 844-585-7671 Hanley Investment Group
Jeremy McChesney 844-585-7671 Hanley Investment Group