Advance Auto Parts | Baytown, TX 1722 N Alexander Dr 7 000 pi² Commerce de détail Immeuble Baytown, TX 77520 2 192 787 $ CAD (313,26 $ CAD/pi²) 7,25% Taux de capitalisation

CBRE is pleased to exclusively present for sale this Advance Auto Parts property located at 1722 N Alexander Dr Baytown, TX 77520. The site has been a trusted location for Advance Auto Parts since 2007 and offers a completely passive investment opportunity with no landlord responsibilities or expenses under a triple net lease structure. Advance Auto Parts is one the largest and well-known brands in the auto parts retailer industry in the nation with over 4,800 locations. The subject property features durable, low-maintenance construction, designed specifically to meet Advance Auto Parts’ operational requirements.
Positioned on North Alexander Drive, a vital corridor connecting Highways 99 (29,620 VPD) and 146 (50,234 VPD), the site offers outstanding visibility in a bustling retail hub, with 25,239 vehicles passing by daily. This prime location benefits from a thriving local demographic, including a population exceeding 82,000 and average household incomes surpassing $85,000 within a 5-mile radius. As part of the Houston MSA—the 5th largest in the U.S.—Baytown benefits from consistent economic drivers that include industries such as energy, healthcare, and aerospace that fuel population and income growth as well as appreciation of real estate values.
Situated in Texas, one of the few states in the nation that with no state income tax, the property is an attractive target for sophisticated investors looking to shelter more of their income. Its prime location, long operational history, and strong tenant credit make it a highly attractive investment with stable, long-term income potential.