Restaurant and Office

Retail-Commercial for Sale
Catylist Listing ID: 30342142
Property Subtypes: Mixed Use, Restaurant, Other
Building Size (RSF): 2,361 SF
Gross Building Area: See Agent
Gross Land Area: 0.05 Acres
Sale Price: $399,900
Unit Price: $169.38 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller, Owner Financing, Sale/Leaseback
Cap Rate: 10.0%
Last Updated: 11/19/2018

Overview / Comments

La Gorda Restaurant with an adjacent office for sale. The restaurant pays $3,000 per month and the office pays $1,200 per month. Gross income is $50,400.00 per year.

Additional Details

Nearest MSA: El Paso
County: El Paso
Tax ID/APN: G126-999-0040-1300
Zoning: A3S
Site Description: -10% Cap -Corner Lot -Mural Must be Preserved -Close to the International Port of Entry
Number of Stories: 1
Typical SF / Floor: 2,361 SF
Year Built: 1980
Roof Type: Other
Construction/Siding: Block, Stucco
Total Parking Spaces: 16
Parking Ratio: 6.8 (per 1000 SF)
Legal Description: P-3 GARDEN S PT OF 4 TO 7 & PT OF A 20 FT ALLEY ADJ & PT OF BLK P-4 (102.91 FT ON W-137.77 FT ON N-IRREG ON E-146.34 FT ON S) (13457.00 SQ FT)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,015 92,137 161,549
Median Age: 31.25 36.21 34.53
Households: 4,391 32,663 57,281

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