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629 N Zaragoza Rd
El Paso, TX 79907

$2,635,000 USD

Freestanding For Sale  •  2,020 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 2,020 SF
  • Lot Size 0.95 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning C1
31 Transit Score
71 Walk Score

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
Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Starbucks 8/31/2034

Amenities

  • Signage
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
El Paso International 25 min - 12.1 mi
Bill Asher 844-585-7684 Hanley Investment Group
Bill Asher 844-585-7684 Hanley Investment Group