Dallas, Texas – An investor represented by International Capital (IC) acquired a newly built O’Reilly Auto Parts store on Central Drive in Bedford, Texas. IC’s client has purchased single-tenant NNN properties with long-term leases and investment grade or superior credit tenants in the United States over the last 5 years. The O’Reilly store’s superior location on a busy intersection in Bedford, centrally located in the Dallas-Fort Worth Metroplex easily beat the parameters of other available O’Reilly offerings in Texas and in south-eastern states. The acquisition was financed through a loan by the client’s German bank, taking advantage of low loan margins required by a German bank for loans denominated in USD.
Martina Crevecoeur, CCIM, International Capital’s Vice President of Acquisitions/Dispositions represented the buyer in the transaction.
International Capital, LLC is a boutique real estate advisory firm with over 35 years experience representing more than 100 legal entities in its capacity as asset manager and as property manager. The company handles a portfolio of more than 20 properties in the southwestern United States. Offering a wide range of commercial real estate services, specialties include the acquisition, disposition, management and administration of commercial investment properties. Land and property development, funds conception, mezzanine financing and cash management are also integral parts of the company’s portfolio.