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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

7451 Paseo Del Norte El Paso, TX 79911

38,800 SF 3.5 ac lot Built 2023
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 38,800 SF
Lot 3.5 ac (152,460 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Basecamp Fitness El Paso Gym & Fitness Center
  • De’Luxe Touch Day Spa Alternative Medicine Practice Spa & Massage Center
  • Bunda West El Paso Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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