11391 Montwood Dr El Paso, TX 79936
El Paso, TX: High-traffic, 20-year NNN lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- 2024-built, 2,824 SF Murphy USA convenience store and gas station on a 1.22-acre lot.
- 20-year absolute NNN ground lease with corporate guarantee, 8% rent increases every five years, and four five-year renewal options.
- High-traffic, signalized intersection with over 43,000 vehicles per day on a major El Paso retail corridor.
- Affluent area with over 20,000 residents within one mile, average household income exceeding $108,000.
- Priced below replacement cost; features 16 fueling positions.
- Murphy USA, a leading retailer with over $25.45 billion in revenue.
Property Details for 11391 Montwood Dr
- Property type
- Retail properties, Retail space
- Square Feet
- 2,824 SF
- Year Built
- 2024
- Buildings
- 1
- Lot Size (sq. ft)
- 53,143 SF
Location Insight
- City
- El Paso
- County
- El Paso
- State
- Texas
- Latitude
- 31.7684337
- Longitude
- -106.2975061
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - El Paso, TX: High-traffic, 20-year NNN lease.
- Where is the retail property located?
- The property is located at 11391 Montwood Dr El Paso, TX.
- What is the asking price?
- The asking price for this property is $2,400,000.
- What are key features of this property?
- This property features: 2024-built, 2,824 SF Murphy USA convenience store and gas station on a 1.22-acre lot.; 20-year absolute NNN ground lease with corporate guarantee, 8% rent increases every five years, and four five-year renewal options.; High-traffic, signalized intersection with over 43,000 vehicles per day on a major El Paso retail corridor.
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