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Advance Auto Parts 9426 Montana Ave 6,889 SF Retail Building El Paso, TX 79925 $2,379,325 CAD ($345.38 CAD/SF) 6.75% Cap Rate



Investment Highlights
- Minimal Landlord Responsibilities: Landlord obligations are limited to structural maintenance only, providing a passive, low-management ownership
- Signalized Hard Corner Location: Positioned at a signalized intersection, offering strong visibility, prominent frontage, and efficient ingress/egress
- Proximity to El Paso International Airport: Situated along Montana Avenue with convenient access to El Paso International Airport
- Texas Tax Advantage: Located in a no state income tax jurisdiction, supporting enhanced after-tax cash flow for investors.
- Dense and Expanding Trade Area: Over 200,000 residents within a five-mile radius, underpinning sustained consumer demand and long-term retail
- Publicly Traded Tenant: Advance Auto Parts is listed on the New York Stock Exchange (NYSE: AAP), providing transparency and institutional-grade report
Executive Summary
Broker of Record
Patrick Graham
License # 9005919 (TX), 528005 (TX)
Matthews Real Estate Investment Services, LLC
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Patrick Graham
License # 9005919 (TX), 528005 (TX)
Matthews Real Estate Investment Services, LLC
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,889 SF
Building Class
C
Year Built
2018
Price
$2,379,325 CAD
Price Per SF
$345.38 CAD
Cap Rate
6.75%
NOI
$160,604 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
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- $23.32 CAD
- Triple Net
- Feb 2033
Advance Auto Parts, Inc. est l'un des principaux fournisseurs de pièces de rechange automobiles qui sert à la fois les installateurs professionnels et les clients de bricoleurs. Au 5 octobre 2024, Advance exploitait 4 781 magasins principalement aux États-Unis, et d'autres au Canada, à Porto Rico et aux îles Vierges américaines. L'entreprise a également desservi 1 125 magasins indépendants de marque Carquest dans ces endroits, en plus du Mexique et de diverses îles des Caraïbes.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | $23.32 CAD | Triple Net | Feb 2033 |
Property Taxes
| Parcel Number | S225-999-0010-4500 | Improvements Assessment | $464,309 CAD |
| Land Assessment | $240,110 CAD | Total Assessment | $704,419 CAD |
Property Taxes
Parcel Number
S225-999-0010-4500
Land Assessment
$240,110 CAD
Improvements Assessment
$464,309 CAD
Total Assessment
$704,419 CAD
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Advance Auto Parts | 9426 Montana Ave
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