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South Building - Parcel C 8500 Dyer St

62,961 SF 100% Leased Retail Building El Paso, TX 79904 For Sale

Executive Summary

Break into the El Paso retail market with this exclusive acquisition opportunity for Sunrise Village, presented by REPcre. The four-parcel offering is available as a portfolio, or investors can purchase the assets individually. Sunrise Village is a prominent shopping center totaling 184,021 square feet on almost 15 acres and boasts a desirable mix of tenants that work well with each other. It is located in El Paso County and zoned C-3.

Parcel C, South Building, spans 62,961 square feet on a 4.66-acre parcel. The building abuts Tetons Street to face Dyser Street, the more traveled roadway. It has a low vacancy rate of 20% with a synergetic tenant roster, including Impact Strength Gym, an auto shop, Tortilla Factory, two bars, A2B Driving School, and more.

Sunrise Village boasts convenient accessibility off of US 54, a main North-South artery that is used as a primary connector to reach Downtown El Paso, El Paso International Airport, Fort Bliss, and Interstate 10. El Paso is the largest commercial real estate market in West Texas and has a historically strong retail landscape. The city’s position as an international point of entry at the US-Mexico border has formed a diverse economy made it a major hub for an array of industries from logistics to public administration. The retail vacancy rate in the El Paso market as of April 2024 was 2.5%, and the 10-year trailing average is 3.85%, astoundingly low figures compared to the national index. Supply pressures are minimal without substantial construction projects on the way, and retail rents rose by 16% from 2020 to 2024, underpinning the high demand for retail space in the market. Explore the diverse investment prospects of this offering, accentuated by its strategic accessibility and prominent tenant lineup. Get in touch.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
62,961 SF
Building Class
C
Year Built
1957
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
4.66 AC
Zoning
C3
Parking
300 Spaces (4.76 Spaces per 1,000 SF Leased)
Frontage
547 FT on Dyer St

Amenities

  • Bus Line
  • Pylon Sign

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 20
  • 2,525 SF
  • Retail
  • -
  • 30 Days
  • 22
  • 2,525 SF
  • Retail
  • -
  • 30 Days
  • 24
  • 2,500 SF
  • Retail
  • -
  • 30 Days
  • 32
  • 1,824 SF
  • Retail
  • -
  • 30 Days
Space Size Space Use Position Available
20 2,525 SF Retail - 30 Days
22 2,525 SF Retail - 30 Days
24 2,500 SF Retail - 30 Days
32 1,824 SF Retail - 30 Days

20

Size
2,525 SF
Space Use
Retail
Position
-
Available
30 Days

22

Size
2,525 SF
Space Use
Retail
Position
-
Available
30 Days

24

Size
2,500 SF
Space Use
Retail
Position
-
Available
30 Days

32

Size
1,824 SF
Space Use
Retail
Position
-
Available
30 Days

Nearby Major Retailers

Walmart Neighborhood Market
Village Inn
Bank of America
IHOP
CrossFit
Navy Federal Credit Union
Rent-A-Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M851-999-0130-0100
Land Assessment
$1,060,603
Improvements Assessment
$2,939,397
Total Assessment
$4,000,000
  • Listing ID: 31482984

  • Date on Market: 4/11/2024

  • Last Updated:

  • Address: 8500 Dyer St, El Paso, TX 79904

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