9426 Montana Ave - Freestanding FOR SALE


El Paso, TX 79925- Montclair
$1,650,000 USD
954-288-3678
9426 Montana Ave, El Paso, TX for Sale
$1,650,000 USD
Freestanding - FOR SALE
1/3
null | 7.15% Cap Rate

9426 Montana Ave
El Paso, TX 79925
Montclair


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

OVERVIEW

This net-leased retail property offers a stable income opportunity anchored by Advance Auto Parts, a publicly traded tenant with an established operating history. The property operates under a 15-year NNN lease structure, significantly reducing landlord responsibilities to structural maintenance only, making it an attractive passive investment. With seven years remaining on the primary term and two additional five-year extension options, this asset ensures predictable cash flow and long-term security. Positioned on a signalized hard corner along Montana Avenue, the property benefits from exceptional visibility and convenient ingress/egress that caters to heavy daily traffic. The surrounding trade area is robust, with over 200,000 residents within a five-mile radius, providing strong consumer demand and supporting retail sustainability. Additionally, its proximity to El Paso International Airport enhances accessibility for both local and transient customers. Situated in Texas, the property allows investors to capitalize on the state’s advantageous tax structure, which includes no state income tax, thereby enhancing returns.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$240 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

22

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

Dylan SchroederMatthews Real Estate Investment ServicesMore Info
954-288-3678

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Dylan SchroederMatthews Real Estate Investment ServicesMore Info
954-288-3678

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.