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Property profile & analytics
FOR LEASE
Strip malls

1404 Lee Trevino Dr El Paso, TX 79936

10,140 SF 0.96 ac lot Built 2022
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US82-8575174
Property summary
AI-generated overview

This exceptional retail opportunity is located at 1404 Lee Trevino Drive in El Paso, Texas, within the desirable 79936 zip code. The property is a strip center with a total of 10,297 square feet, offering multiple tenancy options. Currently, there are 3,600 square feet of vacant space available, perfectly suited for a variety of retail businesses. Spaces can be leased individually, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 3,600 square feet. The property is zoned C-4, providing flexibility for a range of commercial uses. Its prime location in El Paso County offers excellent visibility and accessibility for customers. This is an ideal investment for businesses seeking a well-maintained retail space in a thriving area of El Paso. The property's convenient layout and ample space make it an attractive option for both established businesses looking to expand and new ventures seeking a strong foothold in the market. The available space presents a unique chance to establish a presence in a high-traffic area with significant potential for growth. Contact us today to learn more about this exciting opportunity.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2022
Construction WOOD
Total area 10,140 SF
Lot 0.96 ac (42,018 SF)
Zoning code C4
APN V893-999-1590-0100
UPID US82-8575174
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
  • FedEx Office Print & Ship Center Courier Service Postal Service
  • Rush My Passport Travel Agency
  • FedEx Drop Box Postal Service Courier Service
  • Spectrum Credit Union - El Paso Branch Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$630k
CAP Approach CAP
by Request
Comparable Approach Comparable
$531k
Blend (final) Blend
$580k
Owner & transaction history
Dl 707 Myrtle LLC · 6 yrs held
Dl 707 Myrtle LLC
since 2020
7 recorded transactions
2020
Price N/A
2020
Price N/A
2016
Price N/A
2015
Price N/A
2014
Price N/A
2013
Price N/A
2013
Price N/A
Zoning & alternative use
C4 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $960,000 +80.1%
Medical building $940,000 +76.6%
Retail stores $895,000 +68.1%
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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