Income Property - Strip Center For Sale

Shopping Center for Sale
Catylist Listing ID: 30726181
Property Subtypes: Neighborhood Center, Net Leased, Other
Building Size (RSF): 8,400 SF
Gross Land Area: 0.89 Acres
Sale Price: $1,650,000
Unit Price: $196.43 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Joe Battle Plaza
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: 5.5%
Last Updated: 10/17/2021

Overview / Comments

Property Taxes 2020: $25,807.00.
Property Insurance: $4,388.00 Annual .
Gross Operating Income: $156,840.00.
Corner Location, End Cap Tenant Includes Grade Level Door For Merchandise .
Excellent Visibility and Access From Loop 375 .
More Than 50% of Tenants Have Been at Property More Than 10 Years .

Attachments & Media

Additional Details

Nearest MSA: El Paso
County: El Paso
Tax ID/APN: P58699900102110
Zoning: C4
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Located Between: Joe Battle and Paseo Nuevo
Largest Nearby Street: Paseo Nuevo
Feet of Frontage: 172
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,400 SF
Property Condition: Good
Year Built: 2006
Construction/Siding: Other
Parking Ratio: 5.1 (per 1000 SF)
Parking Type: Structure
Total Parking Spaces: 42
Sprinklers: Other
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Internet Access: Other
Lot Frontage: 172
Water Service: Other
Sewer Type: Other
Easements: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,602 104,527 278,413
Median Age: 28.23 31.23 31.35
Households: 3,475 32,370 85,542

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