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13000 Eastlake Blvd
El Paso, TX 79928

Murphy Express Ground Lease · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,824 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.72 AC
Parking
18 Spaces (6.37 Spaces per 1,000 SF Leased)

About 13000 Eastlake Blvd , El Paso, TX 79928

The offering provides an opportunity to buy a newly constructed Murphy Express ground lease located in El Paso, TX. The ground lease features a 20-year absolute NNN term with four 5-year options to extend and rental increases in the base term and options. The store opened and rent commenced on November 30, 2019. The subject property is located on the southeast corner of Eastlake Blvd and Peyton Rd, approximately 2 miles from Interstate 10, which sees an estimated 70,698 VPD. It is within 2 blocks of Eastlake High School with an enrollment of 3,100 students. Other retailers/restaurants in immediate proximity include Autozone, Boss Chicken and Custard, Sonic Drive-In, Speedy’s Pizza, and Wendy’s. Fort Bliss, which is the second-largest U.S. Army installation (more on page 14), is located 25 minutes from the subject property. Within a 5-mile radius of the subject property, there are approximately 170,299 residents with average household incomes exceeding $62k.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
P694-000-0030-0100
Land Assessment
$238,369
Improvements Assessment
$648,652
Total Assessment
$887,021
  • Listing ID: 17511446

  • Date on Market: 10/21/2019

  • Last Updated:

  • Address: 13000 Eastlake Blvd, El Paso, TX 79928

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