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Take 5 Oil Change 1341 N Zaragoza Rd 1,501 SF Retail Building El Paso, TX 79936 $1,578,947 ($1,051.93/SF) 6.65% Cap Rate
Investment Highlights
- Income Tax-Free State
- Strong Traffic Counts
- Strong Industry Growth
- Dense Retail Corridor
- Recession-Resistance Service
- Variety of Demand Drivers
Executive Summary
Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 1341 North Zaragoza Road, El Paso, TX 79936. The site consists of roughly 1,501 rentable square feet of building space on an estimated 1.23-acre parcel of land. Take 5 Oil Change is subject to a 15-year Triple Net (NNN) lease, which commenced 4/26/2023. The current annual rent is $105,000 and has scheduled increases of 10% in Year 11 and options.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,501 SF
Building Class
B
Year Built
2026
Price
$1,578,947
Price Per SF
$1,051.93
Cap Rate
6.65%
NOI
$105,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.23 AC
Zoning
C-3 - Commercial
Frontage
449’ on North Zaragoza Road
Amenities
- Freeway Visibility
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | V893-999-3410-0400 | Improvements Assessment | $666,321 |
| Land Assessment | $504,302 | Total Assessment | $1,170,623 |
Property Taxes
Parcel Number
V893-999-3410-0400
Land Assessment
$504,302
Improvements Assessment
$666,321
Total Assessment
$1,170,623
Contacts
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Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Will Byrne -
Glen Kunofsky -
Christopher Marks -
Surmount
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