Current Use by Public Records
- Retail properties & Spaces
Property Details for 2007 Us-83
- Year built
- 2006
- Lot size
- 0.64 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Auto shops
Description
This exceptional investment opportunity presents a 6,300-square-foot O'Reilly Auto Parts store located at 2007 US-83 in Zapata, Texas, 78076. The property sits on a 0.64-acre lot and boasts a 6.25% cap rate, generating a net operating income (NOI) of $69,204. Built in 2006, this single-tenant retail building is currently operating under a Net Net (NN) lease with a corporate guarantee from O'Reilly Automotive, Inc. (ORLY), a publicly traded company with over 5,600 locations worldwide. The lease commenced on January 31, 2006, and has a remaining term of approximately 2.5 years, expiring January 30, 2026. The property benefits from high visibility along Highway 83 and enjoys 100% occupancy. Landlord responsibilities are minimal, limited to roof and structure maintenance; the tenant is responsible for taxes, CAM, and insurance. This represents a rare opportunity to acquire a well-established, high-performing auto parts store in a market with limited competition, offering a strong return on investment and a stable, long-term lease. The asking price is $1,110,000.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Zapata
- County
- Zapata
- State
- Texas
- Longitude
- -99.2778
- Latitude
- 26.9142
