Northeast Submarket - Retail

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30317753
Property Subtypes: Free-Standing Building, Other
Status: Pending
Building Size (RSF): 15,370 SF
Gross Building Area: See Agent
Gross Land Area: 2.83 Acres
Sale Price: $1,700,000
Unit Price: $110.61 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller, Owner Financing, Sale/Leaseback, Other
Cap Rate: 8.0%
Last Updated: 10/19/2018

Overview / Comments

Beautiful Strip Center. Tenants have been on the property for 10+ years. This property has a new roof since 9/2012. The parking lot is complete and ready to use. It has additional land for expansions.

Additional Details

Nearest MSA: El Paso
County: El Paso
Tax ID/APN: C232-999-0020-0700
Zoning: C-3
Largest Nearby Street: Hondo Pass Drive
Feet of Frontage: 261
Site Description: -Lot Area: 2.82 Acres. -10+ year tenants on site.
Area Description: Please see video for site here: https://youtu.be/4bO6N4ww3tg For more great Strip Centers: https://youtu.be/hHjTbHOHcNA
Tenancy: Multiple Tenants
Year Built: 1987
Roof Type: Mansard
Exterior Description: Features: Bus Line
Total Parking Spaces: 70
Parking Ratio: 4.5 (per 1000 SF)
Zoning Description: C-3
Lot Frontage: Hondo Pass
Lot Depth: 261
Legal Description: 2 CASTNER RANGE PT OF 1 BEG 71' W OF SEC (248.01' ON ST - 350' ON W - 527.07' ON N - IRREG ON E)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,146 77,370 148,767
Median Age: 31.78 31.95 31.81
Households: 6,547 26,427 49,624

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