McDonald's - El Paso, TX | 12363 Pellicano dr
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
McDonald's - El Paso, TX 12363 Pellicano dr
4,285 SF Retail Building El Paso, TX 79928 £2,235,460 (£522/SF) 3.85% Net Initial Yield
Investment Highlights
- Excellent Access / Visibility – located at the signalized intersection of Joe Battle Blvd (US 375), a highly trafficked north-south retail corridor
- McDonald’s is situated in a new ~30-acre mixed-use development, Monteverde, on the rapidly growing East side of El Paso
- El Paso is in the midst of a record-setting warehouse and distribution construction boom with over 5 million SF of industrial space under construction
- Densely Populated and Affluent Trade Area – over 79,000 residents within 3 miles with an average household income over $89,000
- Monteverde’s anchor tenant, Alamo Drafthouse Cinema is ranked 1st in visits of all Alamo Drafthouse locations in Texas by placer.ai
- ½ mile east of Americas High School (~2,450 students)
Executive Summary
• Brand-New Construction - 20-year Ground Lease with eight five-year Options
• 10% rent increases every 5 years provide a hedge against inflation
• Investment Grade Tenant
• 10% rent increases every 5 years provide a hedge against inflation
• Investment Grade Tenant
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,285 SF
Year Built
2023
Price
£2,235,460
Price Per SF
£522
Net Initial Yield
3.85%
NOI
£86,070
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Lot Size
1.19 AC
Zoning
C-4 C: Commercial - C-4 C: Commercial
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- McDonald's
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| McDonald's | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | M700-000-U201-0800 | Improvements Assessment | £990,928 |
| Land Assessment | £134,792 | Total Assessment | £1,125,719 |
PROPERTY TAXES
Parcel Number
M700-000-U201-0800
Land Assessment
£134,792
Improvements Assessment
£990,928
Total Assessment
£1,125,719
1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
McDonald's - El Paso, TX | 12363 Pellicano dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.