For Lease
Property summary
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 2,020-square-foot Starbucks located in El Paso, Texas. The property boasts a 10-year NNN lease with a credit-rated corporate guarantor, ensuring consistent cash flow. The lease includes 10% rent bumps every five years, providing a built-in hedge against inflation. Situated on a 1.03-acre lot at the signalized intersection of Joe Battle Blvd and Pellicano Dr, this location benefits from exceptional… visibility and high traffic counts exceeding 46,000 vehicles per day. The property is part of the new Monteverde mixed-use development, anchored by an Alamo Drafthouse Cinema, further enhancing its appeal and foot traffic. The surrounding area is densely populated and affluent, with over 13,050 residents within a one-mile radius and an average household income exceeding $112,800. The property's proximity to Americas High School, University Medical Center of El Paso, and a large Amazon Fulfillment Center adds to its strategic location. The asking price is $2,995,000, representing a 5.00% cap rate and a net operating income (NOI) of $150,000. The lease term is 10 years with four 5-year renewal options. This is a rare opportunity to acquire a high-performing, investment-grade asset in a rapidly growing market within a tax-free state. The property was built in 2024 and is part of a larger, thriving mixed-use development. The location benefits from its proximity to major transportation arteries and a significant concentration of residents and employees.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,020 SF
- Lot area
- 1.03 ac
- Year built
- 2024
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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