7451 Paseo Del Norte
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7451 Paseo Del Norte
5 Properties in El Paso, TX
Investment Highlights
- 112 Months WALT
- Extremely High Tenant Investment Into Improvements
- 3 National Franchise Tenants
- Excellent Demographics
- 2 Medical Related leases : Dentist and Medspa
- Class A Construction
Executive Summary
Aerial Drone View: https://www.youtube.com/watch?v=qZd8a4owrQs
Introducing The Paseo at Cimarron, a premier multi-tenant shopping center nestled in the vibrant new Cimarron area of El Paso. This highly anticipated property combines local medical, office, and retail spaces, creating a dynamic hub for businesses and a convenient destination for visitors.
Located at 7451 Paseo Del Norte, at the foothills of the majestic Franklin Mountain, The Paseo at Cimarron enjoys a prime position within the thriving Cimarron Development Area. Situated on the main corridor from the home communities to the freeway and within a half mile of major retailers, this center boasts an ideal location for multi-use development and serves as a central hub for smaller retailers and office users in El Paso.
As you enter The Paseo at Cimarron, you'll be captivated by its beautiful Spanish Revival architecture. The building exudes elegance with its high ceilings, large glass windows, and ample patio areas, creating an inviting and visually stunning atmosphere. The meticulous landscaping enhances the charm, making it one of the most picturesque properties in El Paso.
This exceptional shopping center spans a total of 38,800 square feet of rentable office area, complemented by 4,200 square feet of rentable outdoor patio areas. The versatile layout allows for a seamless blend of medical, retail, and restaurant users, ensuring a diverse and vibrant tenant mix that caters to the needs of the community.
Beyond the confines of The Paseo at Cimarron, the surrounding area offers an abundance of amenities and a strong focus on quality of life. The over-sized medians feature meticulously maintained, tree-lined landscapes with abundant native plants, surpassing city standards. The neighboring Paseo Del Norte Boulevard creates a connected trail system, linking the Resler hike and bike trails to pocket parks in the Cimarron community and a two-acre park adjacent to the site of Canutillo's new state-of-the-art pre-Kindergarten through 8th-grade school.
Cimarron itself is designed with residents' quality of life as the guiding principle, prioritizing smart development and walkable streets. Future plans include shopping, dining, recreation, and entertainment venues around the intersection of Resler and Paseo del Norte, creating a vibrant and self-sustaining community.
Spanning 900 acres, Cimarron comprises 2,236 homes, 200 acres of commercial and office space, 500 apartment units, 25 acres of parks, seven miles of bike/walk trails, and 25 acres of preserved open space. The area boasts brand new educational, sports, and musical facilities, including a dedicated school for Cimarron residents catering to elementary and middle school-aged children.
Cimarron offers a wide variety of home options in three distinct neighborhoods, such as Cimarron Sage, Cimarron Sky, and The Falls at Cimarron. In addition, upscale apartment living is available at PuretaVilla-Cimarron. The future residential offerings will include ridgeline single-family homes, patio homes for young professionals and active empty nesters, apartments, and townhomes.
Don't miss the opportunity to be part of The Paseo at Cimarron, a remarkable multi-tenant shopping center in El Paso. Enjoy the ideal location, stunning architecture, and vibrant community. Contact us today to secure your place in this highly sought-after property and become a part of the thriving Cimarron area.
Retailers within a Quarter Mile to the Property include:
•Walmart
•Planet Fitness
•Cabelas
•Ross
•HomeGoods
•TJ Maxx
•PetSmart
•Rack Room Shoes
•Baked Bear
•Chipotle
•Cane’s Chicken
•Menchies
•and dozens more...
Introducing The Paseo at Cimarron, a premier multi-tenant shopping center nestled in the vibrant new Cimarron area of El Paso. This highly anticipated property combines local medical, office, and retail spaces, creating a dynamic hub for businesses and a convenient destination for visitors.
Located at 7451 Paseo Del Norte, at the foothills of the majestic Franklin Mountain, The Paseo at Cimarron enjoys a prime position within the thriving Cimarron Development Area. Situated on the main corridor from the home communities to the freeway and within a half mile of major retailers, this center boasts an ideal location for multi-use development and serves as a central hub for smaller retailers and office users in El Paso.
As you enter The Paseo at Cimarron, you'll be captivated by its beautiful Spanish Revival architecture. The building exudes elegance with its high ceilings, large glass windows, and ample patio areas, creating an inviting and visually stunning atmosphere. The meticulous landscaping enhances the charm, making it one of the most picturesque properties in El Paso.
This exceptional shopping center spans a total of 38,800 square feet of rentable office area, complemented by 4,200 square feet of rentable outdoor patio areas. The versatile layout allows for a seamless blend of medical, retail, and restaurant users, ensuring a diverse and vibrant tenant mix that caters to the needs of the community.
Beyond the confines of The Paseo at Cimarron, the surrounding area offers an abundance of amenities and a strong focus on quality of life. The over-sized medians feature meticulously maintained, tree-lined landscapes with abundant native plants, surpassing city standards. The neighboring Paseo Del Norte Boulevard creates a connected trail system, linking the Resler hike and bike trails to pocket parks in the Cimarron community and a two-acre park adjacent to the site of Canutillo's new state-of-the-art pre-Kindergarten through 8th-grade school.
Cimarron itself is designed with residents' quality of life as the guiding principle, prioritizing smart development and walkable streets. Future plans include shopping, dining, recreation, and entertainment venues around the intersection of Resler and Paseo del Norte, creating a vibrant and self-sustaining community.
Spanning 900 acres, Cimarron comprises 2,236 homes, 200 acres of commercial and office space, 500 apartment units, 25 acres of parks, seven miles of bike/walk trails, and 25 acres of preserved open space. The area boasts brand new educational, sports, and musical facilities, including a dedicated school for Cimarron residents catering to elementary and middle school-aged children.
Cimarron offers a wide variety of home options in three distinct neighborhoods, such as Cimarron Sage, Cimarron Sky, and The Falls at Cimarron. In addition, upscale apartment living is available at PuretaVilla-Cimarron. The future residential offerings will include ridgeline single-family homes, patio homes for young professionals and active empty nesters, apartments, and townhomes.
Don't miss the opportunity to be part of The Paseo at Cimarron, a remarkable multi-tenant shopping center in El Paso. Enjoy the ideal location, stunning architecture, and vibrant community. Contact us today to secure your place in this highly sought-after property and become a part of the thriving Cimarron area.
Retailers within a Quarter Mile to the Property include:
•Walmart
•Planet Fitness
•Cabelas
•Ross
•HomeGoods
•TJ Maxx
•PetSmart
•Rack Room Shoes
•Baked Bear
•Chipotle
•Cane’s Chicken
•Menchies
•and dozens more...
Data Room Click Here to Access
Property Facts
Cap Rate | 6% | Individually For Sale | 0 |
Sale Type | Investment | Total Building Size | 39,000 SF |
Status | Active | Total Land Area | 3.75 AC |
Number of Properties | 5 |
Cap Rate | 6% |
Sale Type | Investment |
Status | Active |
Number of Properties | 5 |
Individually For Sale | 0 |
Total Building Size | 39,000 SF |
Total Land Area | 3.75 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
Building A
7451 Paseo Del Norte Blvd, El Paso, TX 79911 |
Retail | 6,200 SF | 2023 | - |
Building B
7451 Paseo Del Norte Blvd, El Paso, TX 79911 |
Office | 7,600 SF | 2023 | - |
Building C
7451 Paseo Del Norte Blvd, El Paso, TX 79911 |
Office | 8,000 SF | 2023 | - |
Building D
7451 Paseo Del Norte Blvd, El Paso, TX 79911 |
Office | 8,000 SF | 2023 | - |
Building E
7451 Paseo Del Norte Blvd, El Paso, TX 79911 |
Office | 9,200 SF | 2023 | - |
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7451 Paseo Del Norte
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