For Sale
$1,104,000

1275 N Main St Vidor, TX 77662

Fee-simple NNN lease; strong tenant.

Overview

Added:
Jan 6
Days on market:
101
This exceptional investment opportunity presents a fee-simple ownership of an O'Reilly Auto Parts property located at 1275 N Main St, Vidor, TX 77662. The property boasts a newly extended 10-year absolute NNN lease, providing passive income with no landlord responsibilities. O'Reilly Auto Parts, a financially strong tenant with $15.81 billion in annual revenue and a significant year-over-year stock price increase, has successfully operated at this location since 2007. The lease extension, finalized in 2023, ensures a nearly 10-year remaining lease term, demonstrating the tenant's commitment to this location. This prime location is directly across from an expanded Walmart Supercenter, a key retail anchor in Vidor, significantly enhancing visibility and foot traffic. Priced at $1,104,000, this 0.83-acre property offers a substantial advantage over comparable ground leases, providing full depreciation benefits. The 8,005 square foot building represents an affordable opportunity to acquire a long-term, NNN-leased property with a nationally recognized tenant, combining reliable income with valuable tax advantages. This is a truly passive investment opportunity with significant upside potential.

Highlights

  • Fee-simple ownership of an 8,005 sq ft O'Reilly Auto Parts in Vidor, TX.
  • Prime location across from an expanded Walmart Supercenter, ensuring high visibility.
  • 10-year absolute NNN lease provides passive income with zero landlord responsibilities.

Property Details for 1275 N Main St

Sale Condition
lease-option
Property type
Retail properties
Investment Type
net-lease
Square Feet
8,005 SF
Price / Square Foot
$137.91
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
36,155 SF
Net Operating Income
$60,728

Location Insight

City
Vidor
County
State
Texas

FAQs

What type of property is this?
Retail property - Fee-simple NNN lease; strong tenant.
Where is the retail 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: Fee-simple ownership of an 8,005 sq ft O'Reilly Auto Parts in Vidor, TX.; Prime location across from an expanded Walmart Supercenter, ensuring high visibility.; 10-year absolute NNN lease provides passive income with zero landlord responsibilities.
How can I contact the broker?
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1275 N Main St
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