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.