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    7451 Paseo Del Norte El Paso, TX 79911

    Sponsored
    For Lease
    $24 SF/Yr

    Class A Office Space, El Paso, TX

    Lot size:
    38,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Paseo at Cimarron, a brand-new (2023, renovated 2024) Class A multi-tenant property in El Paso, Texas, offers 38,800 square feet of versatile space ideal for executive, medical, or creative office uses, as well as retail and restaurant tenants. Located at 7451 Paseo del Norte, this five-building, single-story complex sits on 3.5 acres and features 22 suites, ranging from a minimum of 1,400 to a maximum contiguous 13,000 square feet. The property boasts a striking Spanish Revival architectural design with 14-foot ceilings, large windows, and ample patio areas totaling 4,200 square feet. With 149 parking spaces and convenient access to major retailers (including Walmart, Planet Fitness, and Cabela's within a quarter mile), this property enjoys a prime location in the thriving Cimarron development area, near the Franklin Mountains and major transportation routes. The Cimarron area is a master-planned community with extensive amenities, including parks, trails, and new schools. Property taxes are $2.75 per square foot. The property is zoned C2 and served by El Paso Electric. Currently, the entire 38,800 square feet is available.

    Property Features for 7451 Paseo Del Norte

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    38,800 SF
    Class
    A
    Total Rate
    77600

    Building Details

    Year Built/Renovated
    2023/2024
    Buildings
    5
    Stories
    1

    Unit(s) available at that property

    Space
    A1 with 1000 sq ft Patio
    Size
    1,300 SF
    Rate per SF
    $29
    Space
    E3
    Size
    3,000 SF
    Rate per SF
    $24

    HighLights

    • Easy freeway access from the main thoroughfare.
    • Excellent demographics.
    • Prime Cimarron location near major retailers (Walmart, Planet Fitness, Cabela's).
    • Class A design with Spanish Revival architecture, 14‑foot ceilings, and large windows.
    • High‑end finishes and landscaping.
    • 4:1 parking ratio (149 spaces for 38,800 sq ft).
    Property Profile Location Intelligence

    Current Use by Public Records

    Basecamp Fitness El ... Gym De’Luxe Touch Day ... Day Spa Bunda West El ... Physical Fitness Program

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.56857472603
    Latitude
    31.886322863897

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    FAQs

    What type of property is this?
    Restaurant - Class A Office Space, El Paso, TX
    Where is this restaurant located?
    The property is located at 7451 Paseo Del Norte El Paso, TX.
    What is the lease rate?
    The lease rate is $24-$29 SF/Yr.
    What are key features of this property?
    This property features: Easy freeway access from the main thoroughfare.; Excellent demographics.; Prime Cimarron location near major retailers (Walmart, Planet Fitness, Cabela's).
    Request Owner's contact information
    7451 Paseo Del Norte El Paso, TX 79911
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7451 Paseo Del Norte El Paso, TX 79911
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