6810 Spur DrEl Paso, TX 79932
High-growth NNN lease, strong ROI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 115
Highlights
- Brand-new, state-of-the-art, 2023 construction.
- Absolute triple-net lease; zero landlord responsibilities.
- New 15-year lease with 10% rent increases every 5 years; 6.62% average cap rate (at list price).
- Full-term guaranty from a high-growth operator with 28+ open locations, projected 50+ by end of 2024.
- Excellent location near Outlet Shoppes at El Paso (433,000+ SF, ~5.2 million annual visitors).
- High visibility from Tx-16 Spur Hwy/Woodrow Bean Transmountain Dr (20,900 VPD).
Property Details for 6810 Spur Dr
- Property type
- Retail properties, Auto shops
- Square Feet
- 1,438 SF
- Class
- B
- Year Built
- 2023
- Buildings
- 1
- Lot Size (sq. ft)
- 28,314 SF
- Units
- 1
Location Insight
- City
- El Paso
- County
- El Paso
- State
- Texas
- Latitude
- 31.9075194
- Longitude
- -106.5870831
Nearby Similar for Sale
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