2519 N Piedras St El Paso, TX 79930
For Sale
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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.
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Papa Eric's Burgers Restaurant Take-out & Catering
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Sunrise Roofing Roofing Company General Contractor
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
C2 · 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.