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Advance Auto Parts 9426 Montana Ave 6,889 SF Retail Building El Paso, TX 79925 $2,582,452 CAD ($374.87 CAD/SF) 6.34% Cap Rate

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EXECUTIVE SUMMARY

- Single-tenant investment opportunity featuring a net lease with ±7.5 years remaining with five (5), five (5) year options with rental increases.
- Advance Auto Parts (NYSE: AAP) is a national automotive aftermarket parts provider that operates ±4,292 stores in the United States, Canada, Puerto Rico, and the U.S. Virgin Islands with annual revenue of $9.1 billion (Source: Advance Auto Parts).
- In March 2025, Advance Auto Parts announced they have completed their store restructuring. 75% of remaining stores are in the #1 or #2 position in the market, and the company plans to open another 130 locations over the next two years.
- El Paso International Airport (±3.9M passengers and ±81,505 flights annually) is located ±7 minutes west of the Property (Source: El Paso International Airport).
- More than 900 acres of fully developed industrial real estate supports over 200 businesses in the immediate vicinity of the Property (Source: El Paso International Airport).
- The Property is located ±6 minutes south of the Global Reach Infinity Park, a ±1,700-acre industrial development, and the 601 Business Corridor, a ±1,900-acre industrial development (Source: El Paso International Airport).
- The Advance Manufacturing District, a new hub for advanced manufacturing, aerospace, and defense industries, is expected to bring ±17,000 new jobs and 300 new businesses to the immediate vicinity of the Property (Source: Elpasotexas.gov).
- The Property is located at the southwest corner of the signalized intersection of Rutherglen St and Montana Ave (±35,929 VPD) (Source: TXDOT).
- Cielo Vista Mall, a ±1.2M-SF shopping mall anchored by Dillard’s, Sears, JCPenny, Macy’s, Apple, Cinemark, and more, is ±5 minutes south of the Property.
- The Property is located ±10 minutes from Fort Bliss (±175,515 population), which has an annual economic impact of $29.7 billion (Source: Military Installations, Texas.gov).
- Eastwood High School (±2,381 students) and Burgees High School (±1,478 students) are located ±5 minutes from the Property (Source: US News).

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,889 SF
Building Class
C
Year Built
2018
Price
$2,582,452 CAD
Price Per SF
$374.87 CAD
Cap Rate
6.34%
NOI
$163,741 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.52 AC
Zoning
C3
Frontage
157’ on Montana Ave Ave

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Signalized Intersection

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Advance Auto Parts, Inc. is a publicly traded automotive aftermarket parts retailer (NYSE: AAP) founded on April 29, 1932 by Arthur Taubman. Headquartered in Raleigh, North Carolina, the company operates over 4,000 stores across the United States, Puerto Rico, and Canada, along with Carquest and Worldpac branches. Advance Auto Parts serves both do-it-yourself (DIY) customers and professional installers, offering a wide range of products including batteries, brakes, engine components, and maintenance supplies. The company also provides in-store services such as battery testing, installation, and recycling. With a workforce of approximately 62,800 employees, Advance Auto Parts emphasizes convenience through its e-commerce platform and same-day delivery options. The firm has grown through strategic acquisitions, including Carquest and Worldpac, and continues to expand its footprint while focusing on operational efficiency and customer service.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
S225-999-0010-4500
Land Assessment
$248,634 CAD
Improvements Assessment
$480,791 CAD
Total Assessment
$729,425 CAD
  • Listing ID: 35877578

  • Date on Market: 2025-05-15

  • Last Updated:

  • Address: 9426 Montana Ave, El Paso, TX 79925

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