1722 N Alexander Dr - Freestanding FOR SALE


Baytown, TX 77520
$1,583,000 USD
215-603-6914
1722 N Alexander Dr, Baytown, TX for Sale
$1,583,000 USD
Freestanding - FOR SALE
1/5
null | 7.25% Cap Rate

1722 N Alexander Dr
Baytown, TX 77520


HIGHLIGHTS

  • Advance Auto Parts is one of the largest automotive aftermarket retailers in the U.S., with more than 4,800 locations nationwide.
  • The property has successfully operated as an Advance Auto Parts since 2007, with a recent five-year lease extension and three additional five-year ren
  • The NNN lease structure provides fully passive ownership, with the tenant responsible for taxes, insurance, and all maintenance, including roof and st
  • The property benefits from its location within the Houston MSA, the 5th largest metro in the U.S., supported by strong economic and population growth.
  • Offered at $1.583M, the asset provides an attractive price point and above-average yield compared to typical net lease investments.
  • The site offers excellent visibility along a major corridor with over 25,000 vehicles per day and strong surrounding demographics exceeding 82,000 res

OVERVIEW

CBRE is pleased to exclusively present for sale this Advance Auto Parts property located at 1722 N Alexander Dr Baytown, TX 77520. The site has been a trusted location for Advance Auto Parts since 2007 and offers a completely passive investment opportunity with no landlord responsibilities or expenses under a triple net lease structure. Advance Auto Parts is one the largest and well-known brands in the auto parts retailer industry in the nation with over 4,800 locations. The subject property features durable, low-maintenance construction, designed specifically to meet Advance Auto Parts’ operational requirements. Positioned on North Alexander Drive, a vital corridor connecting Highways 99 (29,620 VPD) and 146 (50,234 VPD), the site offers outstanding visibility in a bustling retail hub, with 25,239 vehicles passing by daily. This prime location benefits from a thriving local demographic, including a population exceeding 82,000 and average household incomes surpassing $85,000 within a 5-mile radius. As part of the Houston MSA—the 5th largest in the U.S.—Baytown benefits from consistent economic drivers that include industries such as energy, healthcare, and aerospace that fuel population and income growth as well as appreciation of real estate values. Situated in Texas, one of the few states in the nation that with no state income tax, the property is an attractive target for sophisticated investors looking to shelter more of their income. Its prime location, long operational history, and strong tenant credit make it a highly attractive investment with stable, long-term income potential.

FOR SALE DETAILS

PRICE

$1,583,000 USD

PRICE/SF

$226 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts | Baytown, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

None

APN/PARCEL ID

1301810010001

ASK ABOUT THIS PROPERTY

Matthew GormanCBRE, Inc.More Info
215-603-6914

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Matthew GormanCBRE, Inc.More Info
215-603-6914

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.