4000-4028 Dyer

Shopping Center for Sale
Catylist Listing ID: 30283980
Property Subtypes: Fashion/Specialty, Mixed Use, Neighborhood Center, Strip Center
Building Size (RSF): 29,760 SF
Gross Building Area: See Agent
Gross Land Area: 1.45 Acres
Sale Price: $2,890,000
Unit Price: $97.11 PSF
Property Use Type: Investment, Business
Sale Terms: Owner Financing, Sale/Leaseback, Other
Cap Rate: 8.3%
Last Updated: 11/19/2018

Overview / Comments

Strip center, fronting four streets #1 US 54, Dyer, #3 Monroe, #4 Van Buren Ave., we recently lost the property going through financial distress due to the fact of losing the active tenants. We have several spaces available for lease or for a user. the space is 2,400 sp/ft , 8,000 sq/ft, 8,400 sq/ft. This property can easily be over a 11% return once it's leased.
GLA Rent able space 29,760 sq ft
Gross potential Income over $300,000.
50 % vacant excellent upside

Additional Details

Nearest MSA: El Paso
County: El Paso
Zoning: C4S
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Dyer and Monroe
Property Visibility: Excellent
Largest Nearby Street: Dyer
Highway Access: Quick a minute access to highway 54 and close to the FT. Bliss gate
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Good
Year Built: 1951
Roof Type: Flat
Construction/Siding: Stucco
Parking Type: Surface
Sprinklers: Dry
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, Satellite
Water Service: Municipal
Sewer Type: Municipal
Easements: Pipelines, Electric Lines, Water Rights

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,180 91,405 222,553
Median Age: 32.09 33.39 34.21
Households: 5,379 30,412 77,972


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