1571 Resler Dr El Paso, TX 79912
The Canyons at Cimarron presents a unique investment opportunity in Northwest El Paso. This 92,000 square foot, mixed-use development features a vibrant "Main Street" concept with a roundabout, walking paths, and bike trails. The property boasts a combination of in-line and free-standing buildings, offering retail spaces ranging from 1,170 to 4,941 square feet and professional office spaces from 2,500 to 16,400 square feet. Currently, 4,430 square feet of space is available, with minimum divisible units of 1,907 square feet and a maximum contiguous space of 2,523 square feet. The development is situated within the rapidly growing Cimarron residential community, boasting over 1,800 homes either built or under construction, and is adjacent to a planned 200-unit apartment complex. Ample parking is provided with 575 spaces, a 6.25:1,000 ratio. The property's design incorporates a walkable community atmosphere with a youth play area, public art, outdoor seating, trellis features, and extensive landscaping. This one-story building offers a variety of spaces suitable for coworking, medical offices, creative offices, restaurants, and neighborhood center uses. The development's unique architecture and inviting atmosphere create a relaxing environment for gathering, dining, and shopping.
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Weeks Roofing and Remodeling Roofing Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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