HIGHLIGHTS
- Minimal Landlord Responsibilities: Landlord obligations are limited to structural maintenance only, providing a passive, low-management ownership
- Texas Tax Advantage: Located in a no state income tax jurisdiction, supporting enhanced after-tax cash flow for investors.
- Signalized Hard Corner Location: Positioned at a signalized intersection, offering strong visibility, prominent frontage, and efficient ingress/egress
- Dense and Expanding Trade Area: Over 200,000 residents within a five-mile radius, underpinning sustained consumer demand and long-term retail
- Proximity to El Paso International Airport: Situated along Montana Avenue with convenient access to El Paso International Airport
- Publicly Traded Tenant: Advance Auto Parts is listed on the New York Stock Exchange (NYSE: AAP), providing transparency and institutional-grade report
FOR SALE DETAILS
PRICE
$1,748,000 USD
PRICE/SF
$254 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.52 AC
LAND SF
22,499 SF
ZONING
C3
APN/PARCEL ID
S225-999-0010-4500
ASK ABOUT THIS PROPERTY
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954-288-3678
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954-288-3678
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
