Dryer Strait Plaza | 8320 Dyer St
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Dryer Strait Plaza 8320 Dyer St
5,615 SF 100% Leased Retail Building El Paso, TX 79904 $1,400,000 ($249/SF) 7.90% Cap Rate
Investment Highlights
- The Property Consists Of Six Suites With A Gross Leasable Area Of Approximately 5,6000 Square Feet Situated On A 0.448 Acre Lot
- The Property Benefits From Its Adjacency To Major Retail Corridors, Capitalizing On The Significant Traffic Flow In The Surrounding Area
- The Property Is 66% Occupied By Tenants Pronto Insurance, Boost Mobile, Aurora Rolling Ice Cream, And Snack Shop, Boost Mobile
- The Property Occupies A Prime Site Near U.S. Route 54, A Major Thoroughfare With Over 130,000 Vehicles Passing Daily
Executive Summary
Helios Investment Services, As Exclusive Investment Sales Advisor To Seller, Is Pleased To Offer The Opportunity To Acquire The Fee Simple Interest Of A Dyer Strait Plaza Located In El Paso, TX.
The Property Consists Of Six Suites With A Gross Leasable Area Of Approximately 5,6000 Square Feet Situated On A 0.448 Acre Lot. Currently, The Property Is 66% Occupied By Tenants Pronto Insurance, Boost Mobile, Aurora Rolling Ice Cream, And Snack Shop. Boost Mobile Recently Exercised A 2-Year Extension, Demonstrating Further Commitment To The Site. Pronto Insurance And Boost Mobile Have Been Tenants Since The Development Of Dyer Strait Plaza In 2016.
The Property Consists Of Six Suites With A Gross Leasable Area Of Approximately 5,6000 Square Feet Situated On A 0.448 Acre Lot. Currently, The Property Is 66% Occupied By Tenants Pronto Insurance, Boost Mobile, Aurora Rolling Ice Cream, And Snack Shop. Boost Mobile Recently Exercised A 2-Year Extension, Demonstrating Further Commitment To The Site. Pronto Insurance And Boost Mobile Have Been Tenants Since The Development Of Dyer Strait Plaza In 2016.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
5,615 SF
Building Class
C
Year Built
1969
Price
$1,400,000
Price Per SF
$249
Cap Rate
7.90%
NOI
$110,600
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Land Acres
0.45 AC
Zoning
C3 - Community Commercial
Parking
30 Spaces (8.14 Spaces per 1,000 SF Leased)
Frontage
153 FT on Dyer St
Amenities
- Pylon Sign
PROPERTY TAXES
| Parcel Number | B756-999-0000-1100 | Improvements Assessment | $285,142 |
| Land Assessment | $130,839 | Total Assessment | $415,981 |
PROPERTY TAXES
Parcel Number
B756-999-0000-1100
Land Assessment
$130,839
Improvements Assessment
$285,142
Total Assessment
$415,981
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Jason Gribin -
Rick Carrillo -
Helios Investment Services
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Dryer Strait Plaza | 8320 Dyer St
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