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Property profile & analytics
OFF-MARKET Estimated value $755,000
Turn key restaurants

404 Arizona Ave El Paso, TX 79902-4258

6,464 SF 0.27 ac lot Built 2021
Individually Owned 16-yr Hold Free & Clear
Property ID
US82-0392407
Property summary
AI-generated overview

This exceptional opportunity presents three available spaces within the brand-new Eat Up Food Court, a vibrant culinary destination in El Paso, Texas. Located just blocks from the heart of downtown, this food court enjoys a highly desirable position, directly on the trolley line and adjacent to key landmarks including the El Paso Independent School District (EPISD) Headquarters, the University of Texas at El Paso (UTEP) Health Sciences Building, and Cathedral High School. This ensures a constant flow of potential customers from diverse demographics. Each available space offers a generous footprint, ranging from 424 to 461 square feet, providing ample room for a variety of food service concepts. The modern design includes a shared common dining area, creating a welcoming atmosphere for patrons. An attractive outdoor terrace provides additional seating and enhances the overall ambiance. A dedicated bar area further contributes to the social setting, encouraging lingering and repeat visits. The shared cost structure for maintenance simplifies operations, allowing businesses to focus on their core offerings. This is a unique chance to establish a presence in a thriving, high-traffic location with built-in customer appeal. The property is classified as Special Purpose, Land, with a total of six suites in the building, operating under a multiple tenancy arrangement. This is a turnkey opportunity in a rapidly developing area of El Paso County.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2021
Construction WOOD
Total area 6,464 SF
Lot 0.27 ac (11,896 SF)
Zoning code SD
APN A462-999-0020-3600
UPID US82-0392407
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
  • Eat Up Market Restaurant
  • Glia's Coffee Co. Cafe & Coffee Shop
  • El Canano, The Bar Bar & Pub
  • Tortas Parra USA Restaurant
  • International Cocktail Lounge Bar & Pub Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$580k
CAP Approach CAP
by Request
Comparable Approach Comparable
$934k
Blend (final) Blend
$755k
Owner & transaction history
Carolyn L Mora · 16 yrs held
Carolyn L Mora
since 2009
2 recorded transactions
2009
Price N/A
2006
Price N/A
Zoning & alternative use
SD · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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