8500 Dyer StEl Paso, TX 79904

Property Details for 8500 Dyer St

Year built

1957

Lot size

14.94 AC

Property size (Sq ft)

97,381 SF

Zone code

C1

Property type

Commercial real estate

APN

M851-999-0130-0100

APU

M85199901300100

Description

Sunrise Village Shopping Center presents a unique investment opportunity in Northeast El Paso. This thriving retail center offers multiple spaces for lease, ranging from 1,824 square feet to 7,085 square feet, ideal for a variety of businesses. The property boasts a highly desirable location with convenient access to US-54, ensuring high visibility and accessibility for customers. Ample parking is available with over 1020 spaces to accommodate both tenants and their patrons. The center experiences a significant daily traffic count, averaging over 20,000 vehicles, providing exceptional exposure for your business. The property is classified as both retail and office space, offering flexibility for tenants seeking a combined retail and office presence. This makes it an attractive option for businesses needing both customer-facing retail space and private office areas. The multiple tenancy structure allows for a diverse range of businesses to coexist, creating a vibrant and synergistic shopping environment. The property's strategic location in El Paso County, coupled with its substantial parking and high traffic volume, makes it an exceptional opportunity for businesses seeking a strong foothold in a busy and growing market. Contact us today to learn more about the available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $10,935,400

  6.5%

  $10,094,200

  7%

  $9,373,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,204,200

  Geo Method

  $16,204,200

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $19,751,100

  Retail / Commercial

  $10,152,200

  Mixed-Use / Specialty

  $10,134,800

  Hospitality / Lodging

  $7,460,120

  Office

  $10,094,200

  Institutional / Educational

  $10,542,900

  Residential Income

  $12,335,100

  Multifamily

  $14,689,700

  Automotive / Energy

  $9,036,740

  Parking / Income-Based Land

  $3,099,860

  Restaurant / Food Service

  $5,311,400

  Healthcare / Senior Housing

  $10,373,800

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.8582

Longitude

-106.434

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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