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Property profile & analytics
FOR SALE
Turn key restaurants

2519 N Piedras St El Paso, TX 79930

880 SF 0.07 ac lot Built 1930
Entity Owned 18-yr Hold Free & Clear
Property ID
US83-2726218
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1,056-square-foot Quick Service Restaurant/Fast Food property located at 2519 N Piedras St, El Paso, Texas, 79930. The property sits on a 0.068-acre lot and is zoned C-3. The single-story building is currently leased under an Absolute NNN lease to a well-established local restaurant, Papa Eric's Burgers, which opened in 2008. The lease has a remaining term of approximately 2.4 years, expiring May 1, 2027. This presents a low-maintenance investment with no landlord responsibilities. The property enjoys a central El Paso location with excellent visibility from Piedras Street and is conveniently situated near Austin High School, benefiting from high foot traffic and strong local demographics. This is a single-tenant property offering a stable income stream with a proven tenant history. The property's strong location and lease terms make it an attractive investment for those seeking a low-risk, high-return opportunity in the thriving El Paso market.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Construction WOOD
Total area 880 SF
Lot 0.07 ac (3,001 SF)
Zoning code C2
APN H453-999-1190-4500
UPID US83-2726218
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
  • Papa Eric's Burgers Restaurant Take-out & Catering
  • Sunrise Roofing Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Acquin Properties · 18 yrs held
Acquin Properties
since 2007
3 recorded transactions
2007
Price N/A
2007
$19,537
2006
Price N/A
Zoning & alternative use
C2 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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