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Starbucks | El Paso, TX 629 N Zaragoza Rd

2,020 SF Retail Building El Paso, TX 79907 $2,635,000 ($1,304/SF) 5.50% Cap Rate

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INVESTMENT HIGHLIGHTS

Single-Tenant Corporate (NASDAQ: SBUX; S&P: A-) Starbucks Drive-Thru: New 10-year lease; 10% rental increases every 5 years
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)
Minutes Away from the Yselta-Zaragoza Border (5+ Million Annual Border Crossings)

Strategically Positioned as an Outparcel to Zaragoza Village, an El Super Anchored Shopping Center
Strong Demographics; 210,860 People Within a 5-Mile Radius
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

EXECUTIVE SUMMARY

Pad to Top-Performing El Super (Top 8% in the Chain; Placer.ai) | Minutes from Yselta-Zaragoza Border Crossing (5M Annual Crossings)

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Freestanding

Building Size

2,020 SF

Building Class

Year Built

2024

Price

$2,635,000

Price Per SF

$1,304

Cap Rate

5.50%

NOI

$145,000

Tenancy

Single

Building Height

1 Story

Building FAR

0.05

Lot Size

0.95 AC

Zoning

Frontage

180 FT on North Zaragoza Road

AMENITIES

Signage

Drive Thru

MAJOR TENANTS

Accommodation and Food Services
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Triple Net
Aug 2034

Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with stores around the globe, the Company is the premier roaster and retailer of specialty coffee in the world. Through their unwavering commitment to excellence and their guiding principles, they bring the unique Starbucks Experience to life for every customer through every cup.