$4,375,000 USD
818-259-0476
675 Sunland Park Dr
El Paso, TX 79912
Sunland Park North
HIGHLIGHTS
- Corporate Absolute NNN Ground Lease Signed by Raising Cane's Restaurants, L.L.C. with zero landlord responsibilities covers taxes, insurance, & more
- ±12.6 Years Remaining | Contractual 10% Increases 15-year primary term through February 2039 plus five 5-year options through 2064
- Oversized 1.79-Acre Hard Corner — A 78,060 SF pad at the signalized intersection of Sunland Park Drive and Mesa Hills Drive
- 900+ units, ~$5.7 billion in 2025 system-wide sales, and the second-highest average unit volume of any major QSR brand (~$6.6 million)
- An out-parcel to the 307,000 SF Sunland Towne Centre and directly across from the 918,000 SF Shoppes at Solana, with ±35,880 cars per day passing
- 146,164 residents and $107,265 average household income within five miles — nearly double the El Paso MSA benchmark
FOR SALE DETAILS
PRICE
$4,375,000 USD
PRICE/SF
$1,502 USD /SF
CAP RATE
4%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Raising Cane's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
46
LAND DETAILS
LAND ACRES
1.79 AC
LAND SF
77,972 SF
ZONING
C3
APN/PARCEL ID
C815-999-0060-0500
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818-259-0476
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818-259-0476
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