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745 N Zaragoza Rd
El Paso, TX 79907 Penrose

$6,560,000 USD

Drugstore For Sale  •  13,358 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,358 SF
  • Lot Size 1.32 AC
  • Building Class C
  • Year Built 2013
  • Tenancy Single
  • Zoning C3
31 Transit Score
77 Walk Score

Highlights

Benefitting from scarcity as the only CVS location with a 5-mile radius, the Property ranks in the top 89% of CVS locations statewide by foot traffic.
CVS is operating under a 25-year Absolute NNN lease with (10) 5-year renewal options, potentially extending the lease through 2089.
El Paso serves as the epicenter to a population of 2.5M people, forming the largest bilingual and binational workforce in the Western Hemisphere.
Located just 2.5 miles from the U.S.-Mexico border, the Property benefits from cross-shopping bolstered by both transient consumers and residents.
The area surrounding CVS is comprised of 6.7M square feet of retail, which boasts a 97% occupancy rate.
The Property is strategically located on a hard corner at the signalized intersection of N Zaragota Rd and N Loop Drive, which see over 56,000 VPD.

Public Transportation

AirportDriveWalkDistance
El Paso International 25 min - 12.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
Jeffrey Jackson 713-408-8555 CBRE
Jeffrey Jackson 713-408-8555 CBRE