8320 Dyer StEl Paso, TX 79904

  • Retail properties
  • 5,618 SF
For Sale
$1,400,000 View listing

Property Details for 8320 Dyer St

Year built
2016
Lot size
0.46 AC
Property size (Sq ft)
5,618 SF
Zone code
C3
Property type
Retail properties
Property subtype
Strip malls
APN
B756-999-0000-1100
APU
B75699900001100

Description

This exceptional investment opportunity presents the Dyer Strait Plaza, a thriving 5,600 square foot retail center in El Paso, Texas. Located on a 0.488-acre lot at 8320 Dyer St, zip code 79904, this fully occupied (100%) property boasts six diverse tenants: Boost Mobile, Pronto Insurance, Aurora Rolling Ice Cream, a Barber Shop, Bodega Snack Shop, and SVT Shop. The property benefits from a prime location near US Route 54, a major thoroughfare with over 130,000 vehicles passing daily, ensuring high visibility and foot traffic. Built in 2016, the center is zoned C-3 and features a Net Lease (NNN) structure, minimizing landlord responsibilities. The asking price is $1,400,000, representing a compelling $250 per square foot and a 7.96% cap rate. Two key tenants, Boost Mobile and Aurora Rolling Ice Cream, recently signed 2-year lease extensions, demonstrating strong tenant commitment and long-term stability. This multi-tenant retail center offers a secure, high-return investment with significant upside potential. The property is offered as a 1031 exchange opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $818,281
    6.5%
    $755,337
    7%
    $701,384
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,355,785
    Geo Method
    $2,355,785
  • Alternative Use

    Use
    Valuation
    Residential
    $637,155
    Hospitality
    $583,630
    Educational
    $485,574
    Medical
    $502,273
    Retail
    $755,337
8320 Dyer St, El Paso, Texas

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.8557
Longitude
-106.437
CBSA code
21340
CBSA name
EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,507
$130,839
$285,142
$415,981
-
$130,839
$285,142
$415,981

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].