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Advance Auto Parts 1404 W Dickinson Blvd 13,625 SF Retail Building Fort Stockton, TX 79735 $1,195,000 ($87.71/SF) 7.48% Cap Rate
Executive Summary
AAP Relocated in 2015 from a High Performing Car Quest Site to This Location
Oversized “Hub” Store for AAP – 13,625 SF Store Compared to Other 6,500-7000 Sites
$101 PSF to the Building at List Price – Well Below Replacement Cost
The Pecos County Memorial Hospital provides care for large area of the Big Bend and Pecos region of Texas. A trade area that includes 10 counties and cities along the Mexican Border generates retail sales in the community. Trade area population is roughly 100,000
Below Market Rent of $6.56 on Large Footprint Parcel in Steady Military Base Town
Fort Stockton is settled in the Pecos County Seat in Texas – a Top Ten Producer of Oil and Gas. Fort Stockton is also home to Many Large Wind Farms
Situated Along Interstate-10 Traffic Counts along the Interstate and Dickinson are in Excess of 13,362 Vehicles Per Day
Nearby Retails Include: Lowe’s Market, Sonic, and Pizza Hut
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- Dec 2030
Advance Auto Parts began in 1932 when Arthur Taubman acquired Advance Stores in Virginia, and the business later developed into a publicly traded automotive aftermarket retailer. The company serves professional installers and do-it-yourself customers through retail stores, online shopping, and customer support services, with offerings that include replacement parts, accessories, batteries, and maintenance items. Advance Auto Parts also operates the Carquest brand and maintains a broad North American presence that includes the United States, Canada, Puerto Rico, and the U.S. Virgin Islands.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Triple Net | Dec 2030 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 01600-16400-01000-000000 | Improvements Assessment | $358,360 |
| Land Assessment | $51,480 | Total Assessment | $409,840 |
Property Taxes
Presented by
Advance Auto Parts | 1404 W Dickinson Blvd
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