629 N Zaragoza Rd - Freestanding FOR SALE
El Paso, TX 79907 |
$2,635,000 USD
844-585-7684
629 N Zaragoza Rd
El Paso, TX 79907
HIGHLIGHTS
- Single-Tenant Corporate (NASDAQ: SBUX; S&P: A-) Starbucks Drive-Thru: New 10-year lease; 10% rental increases every 5 years
- Strategically Positioned as an Outparcel to Zaragoza Village, an El Super Anchored Shopping Center
- High-Traffic Location; Zaragoza Village is Located at One of the Area’s Busiest Intersections at N Zaragoza Rd and N Loop Dr (55,000+ Cars Per Day)
- Strong Demographics; 210,860 People Within a 5-Mile Radius
- Minutes Away from the Yselta-Zaragoza Border (5+ Million Annual Border Crossings)
- El Paso is the Largest Metropolitan Area Along the Texas-Mexico Border: The 6th largest city in Texas, El Paso is a top 20% U.S. performing economy
FOR SALE DETAILS
PRICE
$2,635,000 USD
PRICE/SF
$1,304 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Starbucks | El Paso, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.95 AC
LAND SF
41,382 SF
ZONING
C1
APN/PARCEL ID
D382-999-0010-0400
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844-585-7684
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844-585-7684
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