O'Reilly's Investment
1004 TX-110, Whitehouse, TX
Call to check price and availability
NNN property with long-term lease and options.
Type:RETAIL
Property size:
7,221 SFLot size:
0.55 AcresPrice / SF:
$233/SF- Added:
- Nov 28, 2025
- Days on Market:
- 178
- Last Refresh:
- Apr 5 at 10:31 pm
Property Features for 1004 TX-110
General Information
- Standard status
- Active
- Size
- 7,221 SF
- Lot size
- 0.55 Acres
- Property subtype
- RETAIL
Listing agent Connor Jabbar License #TX 636961
Listing office STRIVE (469) 844-8880
Listing date Nov 28, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of STRIVE
HighLights
- Long Remaining Lease Term: 9.5 years left on lease with 4 x 5 year options.
- Strategically located near Tyler with prime frontage on Hwy 110, a key connector to growing southern communities and a major regional thoroughfare.
- Minimal Landlord Responsibilities: Only responsible for Roof and Structure. Tenant to handle Taxes, CAM, and Insurance.
- High Visibility on Major Thoroughfare: TX 110 is a major route, which gives the property good exposure, frequent traffic, and easy access.
- High Income & Low Poverty Rates: Median household income in Whitehouse is strong.
- Surrounding retailers include Brookshire’s, Starbucks, Taco Bell, Whataburger, CVS, Scooter’s Coffee.
Overview
This retail property features a long remaining lease term of 9.5 years, along with four 5-year options. The property is strategically located near Tyler, with prime frontage on Highway 110, a key connector to growing southern communities and a major regional thoroughfare. Surrounding retailers include Brookshire’s, Starbucks, Taco Bell, Whataburger, CVS, and Scooter’s Coffee. The location benefits from high income and low poverty rates, with a median household income in Whitehouse of approximately $72,500. The area exhibits strong homeownership rates of around 68% or more, and rising home values, with median home values exceeding $200,000, indicating established communities. Situated on TX 110, a major route, the property benefits from high visibility, frequent traffic, and easy access. The building size is 7,221 square feet. The landlord responsibilities are minimal, covering only the roof and structure, while the tenant handles taxes, CAM, and insurance. This is a fee simple building.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$1.08M
NOI $97,238 @ 9.00% cap · cautious / downside scenario
Moderate
$1.39M
NOI $97,238 @ 7.00% cap · market / base-case scenario
Aggressive
$1.94M
NOI $97,238 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $147.3k | $20.40 |
| − Vacancy | −$8.4k | −$1.16 |
| EGI | $138.9k | $19.24 |
| − OpEx | −$41.7k | −$5.77 |
| NOI | $97.2k | $13.47 |
7,221 SF · lease $20.40/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$1.39M
$1.22M – $1.62M
NOI $97,238 @ 7.0% cap · market cap 5.77%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$5.44M
$4.76M – $6.35M
NOI $380,727 @ 7.0% cap · market cap 22.60%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Retail space
Map
- City
- Whitehouse
- County
- Smith
- State
- Texas
- Longitude
- -95.2257
- Latitude
- 32.2183
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - NNN property with long-term lease and options.
Where is this retail space located?
The property is located at 1004 TX-110 Whitehouse, TX.
What is the asking price?
The asking price for this property is $1,685,000.
What are key features of this property?
This property features: Long Remaining Lease Term: 9.5 years left on lease with 4 x 5 year options.; Strategically located near Tyler with prime frontage on Hwy 110, a key connector to growing southern communities and a major regional thoroughfare.; Minimal Landlord Responsibilities: Only responsible for Roof and Structure. Tenant to handle Taxes, CAM, and Insurance.
