2763 N County Rd W - Freestanding FOR SALE


Odessa, TX 79764
$2,145,000 USD
858-373-3184
2763 N County Rd W, Odessa, TX for Sale
$2,145,000 USD
Freestanding - FOR SALE
1/9
null | 6% Cap Rate

2763 N County Rd W
Odessa, TX 79764


HIGHLIGHTS

  • Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases throughout the Initial Term and Options.
  • Recent Lease Extension and 35+ Year Historical Occupancy Demonstrating Strong Commitment to the Location.
  • Advance Auto Parts is strategically located at the signalized, hard corner intersection of State Highway 450 and North County Road.
  • Advance Auto Parts (NYSE: AAP) has a S&P Credit Rating of “BB+” and is Ranked #358 on the Fortune 500 List w/ an Annual Revenue of more than $9.09 B.
  • Densely Populated Area: Features more than 107k People Residing within a 5-Mile Radius and 63k Employees Support the Trade Area.
  • Odessa, Texas, has seen Consistent growth over the Years, driven by the Energy Sector, Manufacturing, and an Expanding Retail Industry.

OVERVIEW

Absolute Net Lease | Recent 10- Year Lease Extension | Hub Location for the Area | 35+ Year Historical Occupancy | Near Odessa College & New Tech Odessa | S&P “BB+” Credit Rating | Minutes from Airport | Adjacent to United Supermarkets | Densely Populated Area

FOR SALE DETAILS

PRICE

$2,145,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ADVANCE AUTO PARTS | RECENT LEASE EXTENSION

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,488 SF

ZONING

HC

APN/PARCEL ID

13600-02327-00000

ASK ABOUT THIS PROPERTY

Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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