1900 Amy Sue Dr, El Paso, TX 79936
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Lube X-Press in El Paso, Texas. The property consists of a 3,959-square foot, freestanding building that sits on approximately 0.69 acres of land. It it an outparcel in a new development, which will include an Anytime Fitness retail center and a 3,960-square foot retail building. There are approximately 10 years remaining on the current lease term, with a nine percent rental escalation scheduled in five years. The property is located near the signalized intersection of Montwood Drive and Lee Trevino Drive, where combined traffic counts exceed 56,272 vehicles per day. The area is extremely dense with more than 288,448 residents within a five-mile radius. Surrounding retailers in the immediate area include Lowe’s Big 8 Food Store, Goodwill, McDonald’s, Starbucks, Arby’s, Carl’s Jr., Walgreens, Wienerschnitzel, Burger King, Little Caesars Pizza, Schlotzsky’s and many more. Lube X-Press operates five locations across the El Paso MSA, with several more locations in development. The company specializes in quick oil changes and state inspections in a clean, friendly environment. The facilities also offer transmission, coolant and power steering flushes.
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Lube X-Press in El Paso, Texas. The property consists of a 3,959-square foot, freestanding building that sits on approximately 0.69 acres of land. It it an outparcel in a new development, which will include an Anytime Fitness retail center and a 3,960-square foot retail building. There are approximately 10 years remaining on the current lease term, with a nine percent rental escalation scheduled in five years. The property is located near the signalized intersection of Montwood Drive and Lee Trevino Drive, where combined traffic counts exceed 56,272 vehicles per day. The area is extremely dense with more than 288,448 residents within a five-mile radius. Surrounding retailers in the immediate area include Lowe’s Big 8 Food Store, Goodwill, McDonald’s, Starbucks, Arby’s, Carl’s Jr., Walgreens, Wienerschnitzel, Burger King, Little Caesars Pizza, Schlotzsky’s and many more. Lube X-Press operates five locations across the El Paso MSA, with several more locations in development. The company specializes in quick oil changes and state inspections in a clean, friendly environment. The facilities also offer transmission, coolant and power steering flushes.
