1275 N Main St Vidor, TX 77662
10-year absolute NNN O'Reilly Auto Parts property
Property size:
8,005 SFLot size:
0.83 AcresPrice / SF:
$137/SF- Added:
- Jan 6, 2025
- Days on Market:
- 473
- Last Refresh:
- Mar 16 at 9:06 am
Property Features for 1275 N Main St
General Information
- Standard status
- Active
- Property type
- Automotive properties, Other retail properties, Individual retail properties, Retail properties & Spaces
- Size
- 8,005 SF
- Elevators
- N/A
- Lot size
- 0.83 Acres
- Sale Condition
- Lease Option
- Investment Type
- Net Lease
- Net Operating Income
- $60,728
Building Details
- Buildings
- 1
- Stories
- 1
Listing agent Conrad (214) 692-2847
Listing office Matthews Real Estate Investment Services - Orange County (214) 692-2847
Listing date Jan 6, 2025
Overview
O'Reilly Auto Parts Investment
This property features an 8,005 square foot O'Reilly Auto Parts located in Vidor, TX. The property is situated in a prime location across from an expanded Walmart Supercenter, ensuring high visibility. The property is under a 10-year absolute NNN lease, providing passive income with zero landlord responsibilities. The tenant, O'Reilly Auto Parts, has operated at this location since 2007. The lease was extended in 2023, ensuring a nearly 10-year remaining lease term. The property is 0.83 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail properties & Spaces
Similar Places Nearby
- U-Haul Neighborhood Dealer — 111 N Main St, Vidor, TX 77662
- Donald Dodge Insurance — 1091 N Main St, Vidor, TX 77662
Location Insight
- Map
- Local Demand
- City
- Vidor
- County
- Orange
- State
- Texas
- Longitude
- -94.0082
- Latitude
- 30.1707
Nearby Similar for Sale
FAQs
What type of property is this?
Automotive property - 10-year absolute NNN O'Reilly Auto Parts property
Where is this automotive property located?
The property is located at 1275 N Main St Vidor, TX.
What is the asking price?
The asking price for this property is $1,104,000.
What are key features of this property?
This property features: 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.
