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641 E. Hondo Ave.

Devine, TX 78016 | 1.0 Acres / 7,225 SF | Investment Property Sold

Actual Sale Price Not Disclosed


SOLD: O'Reilly Auto Parts | 16 Years of Lease Term Remaining

Investment Property Sold

Price Actual Sale Price Not Disclosed
Size 1.0 Acres / 7,225 SF

Additional Information

O’Reilly Auto Parts
641 E. Hondo Ave.
Devine, TX (San Antonio MSA)

 

Offering Summary

Asking Price: $1,796,000
Actual Sale Price: Not Disclosed
Asking Cap Rate: 5.50%
Lease Type: NN

 

Investment Highlights

  • Single-Tenant Net-Lease O’Reilly Auto Parts
  • About 16 years of lease term remaining
  • Newer construction
  • BBB+ Investment Grade Credit Rating
  • Building Size: ±7,225 SF
  • Land Size: ±1.0 acres
  • Strong real estate fundamentals
  • Growth Market – Devine is part of the San Antonio MSA

Location

Cole Flanagan, CPA, MBA

Partner
505.338.4107

Jake Mechenbier

Director
505.338.4186

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