Technical
Financial
Distress signals
Property profile

3581- Zaragoza Rd El Paso, TX 79938

OFF-MARKET
Retail properties & Spaces
19,200 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail investment opportunity encompasses two single-story buildings totaling 19,200 square feet, situated in El Paso County. The property, known as Paseo Real 3 & 4, offers a prime location with convenient access off N Zaragoza and Edgemere Blvd. Currently, there are nine suites available, with a significant 13,800 square feet of vacant space ready for immediate occupancy. The minimum leasable space is 1,200 square feet, while the maximum contiguous space available is 6,000 square feet, providing flexibility for a variety of retail or restaurant tenants. The property is ideally suited for businesses seeking high visibility and convenient access to a substantial customer base. Tenancy is multiple, allowing for a diverse mix of businesses. Property taxes are $8 per square foot. The buildings are ready for tenant improvements (TI) around the fourth quarter of 2022, making this an excellent opportunity for businesses looking to establish or expand their presence in a thriving market. The property's strategic location and ample space make it an attractive investment for both established businesses and new ventures. Contact us today to learn more about this exceptional retail center.

Property profile

Verified
Property type Retail properties & Spaces
Total area 19,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3581- Zaragoza Rd El Paso, TX 79938
El Paso metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3581- Zaragoza Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message