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BUSH'S CHICKEN w/ DR-THRU | ABSOLUTE NNN 12440 Edgemere Blvd

3,010 SF Retail Building El Paso, TX 79938 $2,102,256 ($698/SF) 6.25% Cap Rate

Investment Highlights

  • Positioned Along Area’s Major Retail and Traffic Corridor.
  • Located Directly Across from El Dorado High School (2,245+ Students).
  • Near Numerous National Retailers.
  • Walking Distance from Sierra Providence East Medical Center.
  • Densely Populated Area: Features more than 208k People Residing within a 5-Mile Radius.
  • Minutes from El Paso International Airport - the busiest Commercial Airport in West Texas.

Executive Summary

Bush's Chicken! w/ Drive-Thru + Cell Tower | Absolute Net Lease | Strong Retail Corridor | Directly Across from El Dorado High School | Densely Populated Area | Walking Distance from Medical Center | Minutes from El Paso International Airport | Immediate Area Experiencing Major Growth

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,010 SF
Building Class
C
Year Built
2015
Price
$2,102,256
Price Per SF
$698
Cap Rate
6.25%
NOI
$131,391
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.87 AC
Zoning
C - General Commercial/ Restaurant

Amenities

  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Bush's Chicken
  • Retailer
  • 3,010 SF
  • -
  • Triple Net
  • Oct 2031
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Bush's Chicken Retailer 3,010 SF - Triple Net Oct 2031

Nearby Major Retailers

Bush's Chicken
Blake's Lotaburger LLC
La Madeleine
Applebee's
Village Inn
El Taco Tote
Starbucks
Planet Fitness-El Paso
Texas Roadhouse
Filiberto's Mexican Food

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
B841-999-0010-0100
Land Assessment
$292,786
Improvements Assessment
$743,031
Total Assessment
$1,035,817
  • Listing ID: 32556425

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 12440 Edgemere Blvd, El Paso, TX 79938

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