1341 N Zaragoza Rd - Auto Repair FOR SALE


El Paso, TX 79936- Stone Ridge
$1,750,000 USD
480-221-4221
1341 N Zaragoza Rd, El Paso, TX for Sale
$1,750,000 USD
Auto Repair - FOR SALE
1/3
null | 6% Cap Rate

1341 N Zaragoza Rd
El Paso, TX 79936
Stone Ridge


HIGHLIGHTS

  • ±13.8 Years Remaining | Scheduled Rental Increases | Options To Extend
  • NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Las Palmas Marketplace | Dense Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• T5 El Paso Zaragoza Tx 048, LLC, Franchisee guaranteed lease • The tenant, Take 5 Oil Change, has ±13.8 years remaining on their original lease with with 5 (5-year) option periods to extend • The lease features 10% rental increases at the beginning of each option period, steadily growing NOI and hedging against inflation

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$326 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change | 13+yrs Remain NNN w/ Incr

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

C-3

APN/PARCEL ID

V893-999-3410-0100

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.