12367 Pellicano Dr El Paso, TX 79928
High-yield, corporate-guaranteed QSR investment.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Brand-new, 2024-built, 2,283 SF Taco Bell in El Paso, TX.
- 20-year NNN ground lease with four 5-year options; 10% rent increases every 5 years.
- Strong corporate tenant: Yum! Brands, Inc. (BB+/Ba2 credit rating).
- Excellent access and visibility: Signalized intersection with 46,000+ VPD; frontage road to TX Loop 375 (104,100+ VPD).
- Densely populated, affluent trade area: 12,300+ residents within 1 mile, average household income over $104,800 (projected to exceed $120,400 by 2029).
Property Details for 12367 Pellicano Dr
- Property type
- Retail properties, Restaurants
- Square Feet
- 2,283 SF
- Year Built/Renovated
- 2024/2024
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 37,462 SF
- Units
- 1
Location Insight
- City
- El Paso
- County
- El Paso
- State
- Texas
- Latitude
- 31.726777
- Longitude
- -106.262399
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield, corporate-guaranteed QSR investment.
- Where is the retail property located?
- The property is located at 12367 Pellicano Dr El Paso, TX.
- What is the asking price?
- The asking price for this property is $1,818,181.
- What are key features of this property?
- This property features: Brand-new, 2024-built, 2,283 SF Taco Bell in El Paso, TX.; 20-year NNN ground lease with four 5-year options; 10% rent increases every 5 years.; Strong corporate tenant: Yum! Brands, Inc. (BB+/Ba2 credit rating).
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