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1510 Resler dr
El Paso, TX 79912
Lube X-press - El Paso, TX · Retail Property For Sale
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 five 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
$1,909,768 CAD
Price Per SF
$477.44 CAD
Cap Rate
6%
NOI
$114,586 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.73 AC
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