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Property profile & analytics
OFF-MARKET Estimated value $560,000
Strip malls

125 Thunderbird Dr El Paso, TX 79912-4541

11,130 SF 0.9 ac lot Built 1985
Entity Owned Absentee Owner Free & Clear
Property ID
US82-1948396
Property summary
AI-generated overview

This established El Paso County shopping center offers three available retail spaces, ranging from 510 to 1,020 square feet, in a well-maintained building with strong occupancy. The center boasts a diverse tenant mix, including insurance, real estate, music, and salon businesses, ensuring a vibrant and established customer base. Located a half-block from North Mesa, the property benefits from high visibility and convenient access. Suite K (510 sq ft) features a reception area, small office/storage, and open space, currently leasing for $825/month. This includes a base year expense of $4.78/sq ft/yr covering property taxes, building insurance, and CAM charges, resulting in a quoted lease rate of $18.85/sq ft/yr. Suite G (600 sq ft) offers a small office, dressing room, and open area, leasing for $950/month. Ample parking is available for tenants and customers. This is an excellent opportunity for businesses seeking established retail space in a thriving El Paso neighborhood. The property is a well-maintained shopping center with a proven track record of strong tenant occupancy. The location offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction WOOD
Total area 11,130 SF
Lot 0.9 ac (39,291 SF)
Zoning code C1S
APN X214-999-000A-3700
UPID US82-1948396
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
  • Turning Point Massage Alternative Medicine Practice Spa & Massage Center
  • Tom Silverthorn - State Farm Insurance Agent Insurance Agency
  • Olivas Music Musical Instrument Rental Service Musical Instrument Store
  • Sound Imaging Medical Clinic
  • Socorro Olmos LPC Psychotherapist Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
$603k
Blend (final) Blend
$560k
Owner & transaction history
CHRISS VENTURE
CHRISS VENTURE
Zoning & alternative use
C1S · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $890,000 +36.8%
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