For Sale
$3,077,000
9425 Montana Ave El Paso, TX 79925
High-yield, 12+ year NNN lease, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
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 Details for 9425 Montana Ave
- Property type
- Retail properties, Auto shops
- Square Feet
- 6,702 SF
- Year Built
- 1978
- Buildings
- 1
- Lot Size (sq. ft)
- 16,553 SF
- Units
- 1
Location Insight
- City
- El Paso
- County
- El Paso
- State
- Texas
- Latitude
- 31.79471149
- Longitude
- -106.36029771
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield, 12+ year NNN lease, strong tenant.
- Where is the retail 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).
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