1341 N Zaragoza Rd - Auto Repair FOR SALE


El Paso, TX 79936- Stone Ridge
$1,578,947 USD
203-253-9455
1341 N Zaragoza Rd, El Paso, TX for Sale
$1,578,947 USD
Auto Repair - FOR SALE
1/3
null | 6.65% Cap Rate

1341 N Zaragoza Rd
El Paso, TX 79936
Stone Ridge


HIGHLIGHTS

  • Income Tax-Free State
  • Dense Retail Corridor
  • Strong Traffic Counts
  • Recession-Resistance Service
  • Strong Industry Growth
  • Variety of Demand Drivers

OVERVIEW

Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 1341 North Zaragoza Road, El Paso, TX 79936. The site consists of roughly 1,501 rentable square feet of building space on an estimated 1.23-acre parcel of land. Take 5 Oil Change is subject to a 15-year Triple Net (NNN) lease, which commenced 4/26/2023. The current annual rent is $105,000 and has scheduled increases of 10% in Year 11 and options.

FOR SALE DETAILS

PRICE

$1,578,947 USD

PRICE/SF

$294 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

C-3

APN/PARCEL ID

V893-999-3410-0400

ASK ABOUT THIS PROPERTY

Edward OtockaSurmountMore Info
203-253-9455

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Edward OtockaSurmountMore Info
203-253-9455

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