1722 N Alexander Dr - Freestanding FOR SALE
Baytown, TX 77520 |
$1,700,000 USD
215-603-6914
1722 N Alexander Dr
Baytown, TX 77520
HIGHLIGHTS
- Advance Auto Parts boasts a “BB+” rating from Standard & Poor’s and is one the largest and well-known brands in the auto parts retailer industry
- The subject property features durable, low-maintenance construction, designed specifically to meet Advance Auto Parts’ operational requirements
- Texas is one of the few states in the nation that has no state income tax, making it an attractive target for sophisticated investors
- Offered at $1.7M with a higher-than-average yield vs typical net- leased properties the subject property appeals to buyers
- Positioned on North Alexander Drive, a key connecting corridor between Highways 99 (29,620 VPD) and 146 (50,234 VPD)
- Located in a thriving area with a population density exceeding 82,000 and average household incomes over $81,000 within a 5-mile radius
FOR SALE DETAILS
PRICE
$1,700,000 USD
PRICE/SF
$243 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
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
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215-603-6914
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215-603-6914
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