7451 Paseo Del Norte Blvd - Storefront FOR SALE


El Paso, TX 79911- Westside El Paso
$2,300,000 USD
915-858-3100
7451 Paseo Del Norte Blvd, El Paso, TX for Sale
$2,300,000 USD
Storefront - FOR SALE
1/6
null | 6% Cap Rate

7451 Paseo Del Norte Blvd
El Paso, TX 79911
Westside El Paso


HIGHLIGHTS

  • Excellent Visibility and Location in Cimarron
  • Class A Retail Center
  • Quick Access to and from all of Cimarron

OVERVIEW

Got it. Here’s a clean revision with Cured Bites included and positioned as a distinct, complementary concept: Building C | The Paseo at Cimarron 7451 Paseo Del Norte Blvd, El Paso, TX | 6,200 SF | 100% Leased NNN Restaurant Investment Building C is a 6,200 SF, Class A restaurant building within The Paseo at Cimarron, a 38,800 SF Spanish Revival mixed-use center with an additional 4,200 SF of leasable patio space in the heart of the 900-acre Cimarron master-planned community on El Paso’s Westside. Positioned along Paseo Del Norte—the community’s primary commercial corridor connecting neighborhoods to Resler Drive and I-10—the property enjoys excellent visibility, strong daily traffic, and seamless access to a rapidly growing, supply-constrained trade area. Cimarron is recognized as one of El Paso’s most desirable master-planned communities, combining thousands of single-family homes and apartment units with extensive commercial and office uses, parks, preserved open space, and miles of integrated hike and bike trails. Surrounded by major national retailers and daily-needs tenants, The Paseo benefits from a strong, lifestyle-oriented customer base and sustained residential and retail absorption. Building C is 100% leased under true NNN restaurant leases with annual rent escalations, creating a largely hands-off, “set it and forget it” ownership profile with minimal landlord responsibilities. The two-tenant lineup has collectively invested more than $1,000,000 in premium interiors, expansive patios, and state-of-the-art kitchen infrastructure, signaling strong commitment to the location and creating meaningful barriers to entry for competing concepts. China Town is an upscale, locally owned Chinese restaurant that recreates the look and feel of a classic 1970s Chinatown, with nostalgic décor, a full bar, and both indoor and patio dining. The menu focuses on authentic, made-from-scratch Chinese cuisine—from soup dumplings and Peking duck to classic rice and noodle dishes—drawing consistent family, date-night, and group traffic and establishing China Town as a regional dining destination that anchors the center’s evening and weekend activity. Cured Bites is a contemporary, chef-driven restaurant concept built around elevated shared plates, charcuterie, and thoughtfully curated wine and cocktail offerings. Positioned as an intimate, social dining experience with refined interiors and an activated patio, Cured Bites attracts affluent neighborhood residents, professionals, and special-occasion diners, complementing China Town’s broader family appeal and helping to extend dwell time and check averages across the project. Fee Simple Ownership | Professionally Managed COA Building C is offered fee simple (not a condo interest) while leveraging The Paseo’s professionally managed Commercial Owners Association (COA), which oversees common area maintenance, landscaping, and parking lot operations across the project. This structure allows investors to capture the benefits of direct ownership and long-term appreciation while day-to-day site standards and shared services are handled at the association level and passed through to tenants via NNN charges—delivering true low-touch ownership without sacrificing control or asset quality. With high-quality restaurant tenancy, durable in-place cash flow, below-market leases with built-in escalations, and significant tenant investment in best-in-class build-outs, Building C offers the profile investors want: stability today, visible income growth over time, and efficient, tax-advantaged ownership in one of West El Paso’s strongest growth corridors.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$288 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CHINA TOWN RESTAURANT- Building C

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bar, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

C

APN/PARCEL ID

T221-999-0010-0200

ASK ABOUT THIS PROPERTY

George DippWolf Investment and Development Co.More Info
915-858-3100

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George DippWolf Investment and Development Co.More Info
915-858-3100

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