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2763 N County Rd W
Odessa, TX 79764

$2,145,000 USD

Freestanding For Sale  •  11,223 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 11,223 SF
  • Lot Size 1.71 AC
  • Building Class B
  • Year Built 1989
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning HC
0 Transit Score
66 Walk Score

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.
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Advance Auto Parts 11,223 SF 5/31/2034

Amenities

  • Corner Lot
  • Freeway Visibility
  • Signage
  • Signalized Intersection

Public Transportation

AirportDriveWalkDistance
Midland International Air And Space Port 22 min - 14.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 63
Type: Surface
Included in Rent: Yes
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap