ADVANCE AUTO PARTS | RECENT LEASE EXTENSION 2763 N County Rd W 11,223 SF Retail Building Odessa, TX 79764 $2,145,000 ($191.13/SF) 6% Cap Rate

Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases throughout the Initial Term and Options.
Advance Auto Parts is strategically located at the signalized, hard corner intersection of State Highway 450 and North County Road.
Densely Populated Area: Features more than 107k People Residing within a 5-Mile Radius and 63k Employees Support the Trade Area.

Recent Lease Extension and 35+ Year Historical Occupancy Demonstrating Strong Commitment to the Location.
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.
Odessa, Texas, has seen Consistent growth over the Years, driven by the Energy Sector, Manufacturing, and an Expanding Retail Industry.

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Freestanding

Building Size

11,223 SF

Building Class

Year Built

1989

Price

$2,145,000

Price Per SF

$191.13

Cap Rate

NOI

$128,613

Tenancy

Single

Building Height

1 Story

Building FAR

0.15

Lot Size

1.71 AC

Zoning

HC - Heavy Commercial District

Parking

63 Spaces (5.61 Spaces per 1,000 SF Leased)

TENANT	INDUSTRY	SF OCCUPIED	RENT/SF	LEASE TYPE		LEASE END
Advance Auto Parts	Retailer	11,223 SF	-	Triple Net		May 2034

COLLECTION STREET	CROSS STREET	TRAFFIC VOLUME	YEAR	Distance
N Co Rd W	W University Blvd, S	17,449	2025	0.08 mi
Kermit Highway	Golder Ave, NW	8,580	2021	0.10 mi
Kermit Highway	Brazos Ave, NW	8,614	2025	0.10 mi
North County Road West	W University Blvd, S	15,629	2025	0.10 mi
Kermit Hwy	Brazos Ave, NW	8,601	2023	0.11 mi
North County Road West	Terry Dr, N	17,693	2025	0.14 mi
Kermit Hwy	N Co Rd W, NW	8,066	2023	0.15 mi
Kermit Highway	N Co Rd W, NW	8,048	2025	0.15 mi
West University Boulevard	Catalina Dr, W	21,937	2025	0.16 mi
N Co Rd W	Terry Dr, N	16,357	2024	0.16 mi