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9425 Montana Ave El Paso, TX 79925

Sponsored
For Sale
$3,077,000

High-yield, 12+ year NNN lease, strong tenant.

Property size:
6,702 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a 6,702 square foot, single-tenant retail property located at 9425 Montana Ave, El Paso, TX 79925. The property, built in 1978 and situated on a 0.38-acre lot, is currently 100% occupied by Martin Tire under an Absolute NNN lease with a corporate guarantee. The lease commenced November 4, 2021, and has a remaining term of 12.8 years, expiring November 29, 2036. The lease includes 1.75% annual rent bumps and four 5-year renewal options, ensuring long-term, stable income. The asking price is $3,077,000, representing a 6.50% cap rate. The property benefits from its high-traffic location on Montana Ave (US 62), a major thoroughfare with over 45,500 vehicles per day, connecting El Paso to Interstate 10. Its proximity to El Paso International Airport, the seventh busiest in Texas, further enhances its desirability. El Paso, the sixth largest city in Texas, is part of the Borderplex MSA, a dynamic region with over 2.5 million residents and a robust economy driven by trade and manufacturing. This investment offers a compelling combination of strong tenant, long-term lease, and prime location within a thriving market.

Property Features for 9425 Montana Ave

General Information

Property type
Automotive properties
Square Feet
6,702 SF
Lot Size
16,553 SF

Building Details

Year Built
1978
Buildings
1
Units
1

HighLights

  • 12.75+ years remaining on a triple‑net (NNN) lease with 1.75% annual rent increases and four 5‑year renewal options.
  • Corporate guarantee from GB Auto Service, Inc., a Greenbriar Equity Group portfolio company.
  • High visibility location with direct frontage on Montana Ave (US 62), a major El Paso thoroughfare with over 45,500 vehicles per day (VPD).
  • Adjacent to El Paso International Airport, the 7th busiest in Texas.
  • Located in El Paso, Texas, the 6th largest city in Texas, within the 2.5M+ population Borderplex MSA, a significant US‑Mexico trade center.
Property Profile Location Intelligence

Current Use by Public Records

Martin Tire Company Tire Shop

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
El Paso
County
El Paso
State
Texas
Longitude
-106.36029771
Latitude
31.79471149

FAQs

What type of property is this?
Automotive property - High-yield, 12+ year NNN lease, strong tenant.
Where is this automotive property located?
The property is located at 9425 Montana Ave El Paso, TX.
What is the asking price?
The asking price for this property is $3,077,000.
What are key features of this property?
This property features: 12.75+ years remaining on a triple-net (NNN) lease with 1.75% annual rent increases and four 5-year renewal options.; Corporate guarantee from GB Auto Service, Inc., a Greenbriar Equity Group portfolio company.; High visibility location with direct frontage on Montana Ave (US 62), a major El Paso thoroughfare with over 45,500 vehicles per day (VPD).
More about this property
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