1301 Nederland Ave | Nederland, TX 77627
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- LoopNet Team
1301 Nederland Ave
Nederland, TX 77627
Advance Auto Parts · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Approximately 6.50 Years Remaining in the Current Lease Term
- NN Lease - Landlord Responsibilities Limited to Roof, Parking Lot, and Structure
- Located 10 Miles from ExxonMobil Plant - Currently Undergoing an Expansion ($1.3 Billion) Which Will Double Crude Oil Production
- Tenant Recently Extended the Lease for an Additional 5 Years
- Landlord & Tenant Are Each Responsible for 50% of the Cost Associated with Any Major Breakdowns in the HVAC System
- Advance Auto Parts Features Strong Investment Grade Credit (BBB) by Standard & Poor's
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,055 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.94 AC
Zoning
C1
Parking
53 Spaces (7.51 Spaces per 1,000 SF Leased)
ABOUT 1301 NEDERLAND AVE , NEDERLAND, TX 77627
The subject property is strategically located on Nederland Avenue, a four-lane thoroughfare with traffic counts in excess of 12,024 vehicles per day. Nederland is located 63 miles west of Lake Charles, Louisiana; 93 miles east of Houston, Texas;and 186 miles southeast of College Station, Texas. The 5-mile trade area is supported by a population of 66,515 residents with an average household income of $79,947
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