Turnkey Restaurant Space with Exhaust
For Sale
Contact for pricing
2506 N Piedras St, El Paso, TX 79930
Restaurant space equipped with a commercial exhaust hood in Central El Paso’s Manhattan Heights district.
Property Size1,052 SF
Price / SF$369.92
Days on Market169
Property Features for 2506 N Piedras St
General Information
Standard status
Active
Size
1,052 SF
Property subtype
RETAIL
Additional Details
Commercial Hood
Yes
Listing Agency:
Cap Rate Real Estate Group
(915) 443-8859
Listed By:
Anibal Olague · License #0653430
(915) 443-8859
Source:
Moodyscre
Added: Feb 11
Changed: Jul 30
Last Checked: Jul 30 at 11:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cap Rate Real Estate Group
Investment Insights
Based on property information with market context.
Restaurant space in Central El Paso’s historic Manhattan Heights district, offered as a turnkey opportunity. The premises include 1,052 square feet of dining and service area and are equipped with a commercial exhaust hood.
The site is positioned on a major north-south artery, with nearby demand drivers including Austin High School and Memorial Park. The property is also located on the same street as the El Paso VA Medical Center, supporting straightforward access for medical staff and visitors.
Ideal for a restaurant operator seeking a ready-to-equip kitchen ventilation feature on a visible corner of the local neighborhood, this location brings daily foot-traffic possibilities from surrounding employers, staff, students, and park users.
The site is positioned on a major north-south artery, with nearby demand drivers including Austin High School and Memorial Park. The property is also located on the same street as the El Paso VA Medical Center, supporting straightforward access for medical staff and visitors.
Ideal for a restaurant operator seeking a ready-to-equip kitchen ventilation feature on a visible corner of the local neighborhood, this location brings daily foot-traffic possibilities from surrounding employers, staff, students, and park users.
Key Highlights
- 1,052‑square‑foot turnkey restaurant space
- Equipped with a commercial exhaust hood
- Located in Central El Paso’s historic Manhattan Heights district
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.7k | $21.60 |
| − Vacancy | −$1.8k | −$1.73 |
| EGI | $20.9k | $19.87 |
| − OpEx | −$5.2k | −$4.97 |
| NOI | $15.7k | $14.90 |
1,052 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$224.0K
$196.0K – $261.3K
NOI $15,679 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$263.9K
$230.9K – $307.9K
NOI $18,475 @ 7.0% cap · market cap 4.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
10,523 visits/mo
0.1 miles
Demographics for 79930, TX
24,553
Population
11,729
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
75%
High-School Grad
7.5 sq mi
ZIP Area
3,274
Density / Sq Mi
$41,826
Median Household Income
$24,903
Median Earnings
$909
Median Rent
$124,000
Median Home Value
Market
Vacancy Rate% for Retail in El Paso, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space equipped with a commercial exhaust hood in Central El Paso’s Manhattan Heights district.
Where is this conventional restaurant located?
The property is located at 2506 N Piedras St El Paso, TX.
What is the asking price?
The asking price for this property is $389,160.
What are key features of this property?
This property features: 1,052‑square‑foot turnkey restaurant space; Equipped with a commercial exhaust hood; Located in Central El Paso’s historic Manhattan Heights district
