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Lube X-press - El Paso, TX 1510 Resler dr 4,000 SF Retail Building El Paso, TX 79912 $1,875,043 CAD ($468.76 CAD/SF) 6.15% Cap Rate
Investment Highlights
- Built-to-suit for Lube X-press, the only locally owned quick-lube chain in El Paso. Founded in 2012, Lube X-press specializes in drive-thru oil change
- Lease structure features 10% rental increases every five years, including throughout four additional 5-year renewal options
- Positioned along N Resler Drive, a major thoroughfare with traffic counts exceeding 8,219 VPD, providing strong visibility and convenient access.
- Located in Texas, an income tax-free state, providing an added advantage for net-lease investors seeking to maximize after-tax returns
- The property benefits from a dense and affluent trade area, with over 135,000 residents within a 5-mile radius
Executive Summary
We are pleased to exclusively offer for sale the 4,000 SF Lube X-press located at 1510 Resler Drive in El Paso, Texas. Built-to-suit for Lube X-press, the only locally owned quick-lube chain in the El Paso market, the brand has expanded to 14 locations across the region, demonstrating strong recognition and deep local market penetration. This investment features a favorable lease structure with built-in income growth, including 10% rental increases every 5 years throughout four additional 5-year renewal options.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built
2012
Price
$1,875,043 CAD
Price Per SF
$468.76 CAD
Cap Rate
6.15%
NOI
$115,315 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.73 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Lube X-press
- Mining, Quarrying, and Oil and Gas Extraction
- 4,000 SF
- $28.83 CAD
- Triple Net
- Sep 2032
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Lube X-press | Mining, Quarrying, and Oil and Gas Extraction | 4,000 SF | $28.83 CAD | Triple Net | Sep 2032 |
Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | W145-999-0910-0185 | Improvements Assessment | $513,067 CAD |
| Land Assessment | $404,528 CAD | Total Assessment | $917,596 CAD |
Property Taxes
Parcel Number
W145-999-0910-0185
Land Assessment
$404,528 CAD
Improvements Assessment
$513,067 CAD
Total Assessment
$917,596 CAD
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Lube X-press - El Paso, TX | 1510 Resler dr
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