Leased Retail Investment
For Sale
Contact for pricing
4601 Gulfway Dr, Port Arthur, TX 77642
Retail property is leased to Advance Stores Company Inc with an extended lease through March 31, 2024.
Property SizeContact for details
Days on Market142
Property Features for 4601 Gulfway Dr
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Advantage Real Estate
(409) 474-1090
Listed By:
Jon Carona · License #TX
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 6:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Advantage Real Estate
Investment Insights
Based on property information with market context.
This leased retail property is under a net lease with Advance Stores Company Inc (Advance Auto Parts). The lease was extended in 2014 through March 31, 2024, and includes two additional five-year renewable options with rent increases of 11.5% and 5.25% in the second option.
According to the owner, the property has an annual rent of $60,060 under the NNN lease structure. The owner also reports new HVAC installed in 2015.
The asset presents a straightforward, income-producing retail investment with documented lease terms and renewal provisions.
According to the owner, the property has an annual rent of $60,060 under the NNN lease structure. The owner also reports new HVAC installed in 2015.
The asset presents a straightforward, income-producing retail investment with documented lease terms and renewal provisions.
Key Highlights
- NN lease to Advance Stores Company Inc (Advance Auto Parts)
- Lease extended through March 31, 2024
- Annual rent of $60,060 under the NN lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
30k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Electronics 17%
Home Improvements & Furnishings 1%
O'Reilly Auto Parts
Shops & Services
5,858 visits/mo
0.0 miles
Family Dollar
Shops & Services
5,496 visits/mo
0.1 miles
AutoZone
Shops & Services
4,989 visits/mo
0.1 miles
Valero Energy
Shops & Services
4,838 visits/mo
0.3 miles
Advance Auto Parts
Shops & Services
3,394 visits/mo
0.1 miles
Demographics for 77642, TX
39,017
Population
16,234
Households
2.4
Avg Household Size
34
Median Age
11%
College-Educated
74%
High-School Grad
19.7 sq mi
ZIP Area
1,981
Density / Sq Mi
$41,677
Median Household Income
$35,108
Median Earnings
$944
Median Rent
$96,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail property is leased to Advance Stores Company Inc with an extended lease through March 31, 2024.
Where is this retail space located?
The property is located at 4601 Gulfway Dr Port Arthur, TX.
What are key features of this property?
This property features: NN lease to Advance Stores Company Inc (Advance Auto Parts); Lease extended through March 31, 2024; Annual rent of $60,060 under the NN lease
