O'Reilly Auto Parts

Giddings, Texas, located in Lee County, is a charming city with a rich history. Positioned approximately halfway between the vibrant cities of Houston and Austin along the US Route 290 corridor, it offers a convenient stop for travelers exploring the region. The city features a well-preserved historic downtown area with local shops, boutiques, and restaurants. Giddings is known for its agricultural heritage and picturesque rural surroundings. With its proximity to Austin and Houston, residents and visitors can easily access the cultural and entertainment offerings of these larger cities. Known for its rich history and small-town charm, Giddings offers a welcoming and tight-knit community. The city's historic downtown area is characterized by well-preserved buildings that showcase the architectural styles of the late 19th and early 20th centuries. Strolling down Main Street, visitors will find a variety of local shops, boutiques, cafes, and restaurants, where they can enjoy the warm hospitality of the residents. Giddings takes pride in its agricultural heritage, with vast fields of crops and grazing pastures dotting the surrounding landscape. The city's rural setting provides a picturesque backdrop and offers opportunities for outdoor activities and exploration. Nature enthusiasts can explore nearby parks and recreational areas, such as Giddings City Park, which features walking trails, picnic areas, and sports facilities. Giddings also provides convenient access to outdoor recreational opportunities. Lake Somerville State Park and Bastrop State Park are within driving distance, offering hiking, camping, fishing, and boating options for those seeking to immerse themselves in nature. The O'Reilly Auto Parts store in Giddings provides a convenient location for automotive needs. Whether you're seeking a historic experience, outdoor activities, or exploring nearby metropolitan areas, Giddings offers a delightful blend of history, community spirit, and convenience.Exclusive Realty is pleased to present an O'Reilly Auto Parts store located at 1942 East Austin St, Giddings, Texas. The property has a NN+ lease with O'Reilly Auto Parts, providing a stable investment and fee simple ownership with minimal landlord responsibility. The tenant has been successfully operating at this location since 2007, and they have 3-5 year options to renew with rental increases. The current lease term has 3.5+ years remaining. The subject property has a traffic count of over 21,650 vehicles per day on East Austin Street, making the property highly visible and accessible. The location serves a population of over 6,300 residents in a 3 mile radius. O'Reilly Auto Parts (NASDAQ: ORLY) is a publicly-traded company and holds an investment grade credit rating of BBB+ from Standard & Poor’s. O’Reilly Auto Parts is one of the largest retailers of automotive parts, tools, supplies, equipment, and accessories in the United States, with over 6,000 locations and 85,000 employees. O'Reilly Automotive Inc. announced annual revenue for 2022 was $14.41B, a 8.12% increase from 2021 which recorded $13.32B.