This fully leased neighborhood retail center at 1779 N Zaragoza Road presents an attractive acquisition opportunity for seasoned and value-add investors seeking stable, long-term income in one of El Paso's most active retail corridors. Anchored by established tenants, including Pollo Feliz and El Paso Vein Clinic, this contributes to a balanced retail environment that draws recurring customer traffic throughout the day.
Location is a key driver of the property's value. Situated along the high-traffic Zaragoza corridor on El Paso's Eastside, the center benefits from exposure to 24,573 vehicles per day and is surrounded by a concentration of national retailers, restaurants, and daily-needs destinations. Walmart Supercenter, Starbucks, Chick-fil-A, Hobby Lobby, McDonald's, Whataburger, and dozens more are all located within 0.5 miles of the center. The surrounding trade area includes more than 120,000 residents within a 3-mile radius, supported by average household incomes of $89,656, leading to an impressive $1.3 billion in annual consumer spending.
Backed by established tenants, durable cash flow, and exceptional visibility along the Zaragoza corridor, this fully leased retail center presents a compelling acquisition opportunity in a densely populated trade area. Reach out to learn more about this offering.