4040 Hercules Ave
El Paso, TX
Price:
$1713000
Cap Rate:
6.05%
NOI:
$103,599
Building Size:
Approx. 7500 Sq. Ft.
Lot Size:
Approx. 0.77 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2016
Investment Overview
- 7,500+/- SF Building on .77+/- Acre Site
- 15 Year Corp Abs NNN Lease began July 2016
- Located along Hercules Ave (12K VPD) & Near US-54
- Cattycorner to a newly developed residential comm.
- Near 7-Eleven, Whataburger, AutoZone, U.S Post Office
- Major Industries: Defense (Fort Bliss) | Education (UTEP)
- 4-Miles West of Briggs Army Airfield (2,323 personnel)
- El Paso is the second safest city in America – 2017 SafeWise
- 7-Miles North of Downtown & El Paso International Airport
- 3-Miles: Estimated 2018 Pop: 59,176 l Avg HH Income: $46,173
- EL Paso – Las Cruces (CSA) | GDP: $35.55 Billion | Pop: 1,053,267