6951 Mesa StEl Paso, TX 79912

Property Details for 6951 Mesa St

Year built

1978

Lot size

0.38 AC

Property size (Sq ft)

1,778 SF

Zone code

C1

Property type

Other commercial real estate

APN

P843-999-0010-0100

APU

P84399900100100

Description

This exceptional investment opportunity presents a 3,655 square foot, Class A, multi-tenant retail property located at 6951 N Mesa St, El Paso, Texas, 79912. The property, built in 2017, sits on a 16,640 square foot lot and is zoned C-1. It features two units, currently 100% occupied by a Pieology and a Pokeworks franchisee under a net lease agreement. The building boasts a single story and is part of a ground lease. Investors will benefit from a strong 6.75% cap rate and built-in rent bumps of 10% every five years, providing significant long-term growth potential. The lease includes two options, offering further security and flexibility. This is a rare opportunity to acquire a high-performing, established QSR property in a desirable El Paso location with a proven track record of success. The property's strong tenant mix, favorable lease terms, and prime location make it an ideal addition to any diversified investment portfolio. The sale includes the leasehold interest only; the land and underlying business are not included in this offering.

• Alternative Use

  Use

  Valuation

  Residential

  $201,648

  Hospitality

  $184,709

  Educational

  $153,676

  Medical

  $158,961

  Retail

  $239,051

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.8349

Longitude

-106.549

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].