12440 Edgemere Blvd El Paso, TX 79938-4445
This exceptional investment opportunity presents a 3,010 square foot, Class A, Bush's Chicken restaurant with a drive-thru and cell tower located in El Paso, Texas. The property sits on a 0.88-acre lot in a high-traffic area exceeding 30,000 vehicles daily, near TX-375 (75,000+ VPD). The absolute net lease (NNN) features a corporate guarantee and a remaining term of 6.9 years, expiring October 31, 2031, with 10% rent bumps every five years. The property boasts a strong NOI of $131,391 and a 6.25% cap rate, making it an attractive investment. Its prime location is within walking distance of Sierra Providence East Medical Center (recently completed a $20M expansion), across from El Dorado High School (2,245+ students), and near nine other schools. The densely populated area has over 208,000 residents within a 5-mile radius, and is near numerous national retailers including Walmart, Lowe's, Target, and more. The property benefits from its proximity to El Paso International Airport, a major commercial airport handling over 3.9 million passengers annually. This rapidly growing community, with significant industrial, retail, and housing developments underway, makes this a compelling investment prospect. The asking price is $2,102,256. Built in 2015, this property offers a secure and profitable investment opportunity with significant long-term potential.
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Bush's Chicken Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C3C · El Paso, TXEl Paso. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.