9425 Montana Ave El Paso, TX 79925
- Automotive properties
- 6,688 SF
- 0.38 lot acres
Current Use by Public Records
- Martin Tire Company / Auto Radiator Repair Service / Auto Tune Up Service
Property Details for 9425 Montana Ave
- Year built
- 1978
- Construction
- WOOD
- Lot size
- 0.38 lot acres
- Property size
- 6,688 SF
- Zone code
- C4
- Property type
- Automotive properties
- APN
- M797-999-0020-2500
- APU
- M79799900202500
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.36
- Latitude
- 31.7949
- CBSA code
- 21340
- CBSA name
- EL PASO, TX METROPOLITAN STATISTICAL AREA
