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9426 Montana Ave, El Paso, TX, 79925

Advance Auto Parts
$1,748,000

Key Information

Cap Rate
6.75%
Year Built
2018
Term Remaining
±7.1 YRS
Type
Retail

Highlights

  • Minimal Landlord Responsibilities: Landlord obligations are limited to structural maintenance only, providing a passive, low-management ownership structure.
  • 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 viability.
  • Proximity to El Paso International Airport: Situated along Montana Avenue with convenient access to El Paso International Airport, benefiting from both local traffic patterns and transient demand.
  • Publicly Traded Tenant: Advance Auto Parts is listed on the New York Stock Exchange (NYSE: AAP), providing transparency and institutional-grade reporting.
  • Credit-Rated Tenant Profile: Advance Auto Parts carries a BB+ rating from S&P Global and a Baa3 rating from Moody’s, reflecting establish edcredit quality.
  • Established Operating History: Founded 93 years ago with more than4,700 locations nationwide, demonstrating long-term industry presence and operational scale.

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 9005919 (TX), 528005 (TX)
Matthews Real Estate Investment Services, LLC
8300 Douglas Ave., Ste. 750, Dallas, TX 75225