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    FOR LEASE
    Retail space

    4190 N Mesa St, El Paso, TX 79902

    6,097 SF 0.47 ac lot Built 1996
    Entity Owned 29-yr Hold ~ Est. High Equity
    Property ID
    US82-3441270
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located in a Class B building at 4190 N Mesa St, El Paso, TX 79902. The property, known as the FedEx Building, offers 3,106 square feet of immediately available space within a larger 6,000 square foot building. Built in 1996, the building is zoned C-1, allowing for a variety of commercial uses. The property boasts a highly desirable location at the corner of Mesa Street and Executive Drive, providing excellent visibility and accessibility. Its strategic placement offers easy access to major transportation arteries, including Interstate 10 and Loop 375, ensuring high traffic volume and convenient access for customers and employees. Furthermore, its proximity to the University of Texas at El Paso (UTEP) and Downtown El Paso creates a strong potential customer base. The multiple tenancy structure of the building provides a vibrant and diverse commercial environment. This space presents a unique chance to establish or expand a business in a thriving El Paso location. The property is situated in El Paso County and offers a significant opportunity for businesses seeking a high-visibility location with convenient access to key transportation routes and a substantial customer base. The available space is perfect for a variety of retail uses.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1996
    Total area 6,097 SF
    Lot 0.47 ac (20,386 SF)
    Zoning code C1
    APN M325-999-0010-0100
    UPID US82-3441270
    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
    • Data Retrieval Computer & Electronic Repair (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.07M
    Comparable Approach Comparable
    $964k
    Blend (final) Blend
    $1.02M
    Owner & transaction history
    Five Star Holding Co · 29 yrs held
    Five Star Holding Co
    since 1997
    2 recorded transactions
    2010
    1997
    Zoning & alternative use
    C1 · El Paso, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Apartment house (5+ units) $1.4M +74.8%
    Restaurant $880,000 +12.7%
    Auto repair, garage $820,000 +4.7%
    Try Rey
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    More about this property
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