4601 Gulfway Dr
Port Arthur, TX 77642
Advance Auto Parts · Retail Property For Sale

The lease to ADVANCE STORES COMPANY, INC., was extended in 2014 to run through March 31, 2024 (7 years remaining) at a net annual rent of $60,060. The lease is NN with Landlord responsible for repairs and replacement of roof, structure, parking lot and 50% of any cost for significant repairs or replacement of HVAC system (HVAC system was replaced in 2015). There are two 5-year renewals options at approximately 11.5% increase in the first option period and 5.25% increase in the second option period. The subject property is located along Gulfway Drive at the intersection of Green Avenue in the neighborhood of Griffin Park in Port Arthur, TX. Gulfway Drive is one of the main north-south thoroughfares that spans the town and runs parallel to Sabine Lake, the body of water which empties out into the Gulf of Mexico 20 miles south. Other tenants nearby the site are: Walgreens, Popeyes, Subway, Happy Donuts, Tequilla Mexicana, Family Dollar, Payless Shoesource, H-E-B, along with many other local eating establishments, grocery stores, beauty salons, churches, schools, etc.