9426 Montana Ave
El Paso, TX 79925

Fortis Net Lease is pleased to present this 6,889 SF Advance Auto Parts store, located in El Paso, Texas. The property is encumbered with a Fifteen (15) Year NN Lease with approximately 14+ years remaining. The NN lease structure leaves landlord responsibilities to OINLY SLAB & STRUCTURE. With rent at $17.13 PSF, this is well within replaceable rent in the current market. The lease contains Five (5), 5-Year options, each with a 5% rental rate increase. The lease is corporately guaranteed by Advance Auto Parts which is an investment grade tenant (S&P: BBB-). This Advance Auto Parts Store is strategically located in El Paso, Texas. Within the income tax free state, Advance Auto Parts sits at a hard, signalized corner with visibility to over 50,000 vehicles per day. Montana Avenue serves as a major East-West traffic thoroughfare with direct access to El Paso International Airport. The population within a five mile radius is greater than 218,000, with the average household income within a five mile radius exceeding $53,000 making this an ideal blue collar market for AAP. This investment will offer a new owner continued success due to the financial strength and the proven profitability.