10600 Montana Ave - Freestanding FOR SALE


El Paso, TX 79935- Pebble Brook
$5,503,000 USD
214-252-1030
10600 Montana Ave, El Paso, TX for Sale
$5,503,000 USD
Freestanding - FOR SALE
1/3
null | 7.25% Cap Rate

10600 Montana Ave
El Paso, TX 79935
Pebble Brook


HIGHLIGHTS

  • Long-Term Corporate Absolute NNN Lease with Additional Cell Tower and Billboard Income
  • High Quality Construction with Drive-Thru on Oversized 2.02 Acre Hard Corner Signalized Pad
  • Investment Grade Corporate Guarantee

OVERVIEW

Long-Term Corporate Absolute NNN Lease with Additional Cell Tower and Billboard Income – Allows an investor the opportunity to acquire a long-term NNN asset on a truly passive income structure while the additional rental income provides further upside High Quality Construction with Drive-Thru on Oversized 2.02 Acre Hard Corner Signalized Pad – Features excellent ingress/egress with a large surface lot providing ample customer parking accommodations Investment Grade Corporate Guarantee - Walgreens (NASDAQ: WBA) Strong Performing Store – Store sales above national average, contact agent for more information Investment Grade Corporate Guarantee from Premier Global Brand - Walgreens (NASDAQ: WBA) has an Investment Grade credit rating of BBB- (S&P) and is ranked #27 on the Fortune 500 list and reported FY 2023 revenue of $139.1 billion. Less than 1-Miles from El Paso International Airport boasting 3.9 Million Annual Passengers and 81,505 Flights Annually

FOR SALE DETAILS

PRICE

$5,503,000 USD

PRICE/SF

$1,327 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Yarbrough

LAND ACRES

1.41 AC

LAND SF

61,463 SF

ZONING

-

APN/PARCEL ID

X580-999-2380-5500

ASK ABOUT THIS PROPERTY

214-252-1030

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214-252-1030

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