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160 N Cotton St
El Paso, TX 79901
Family Dollar · Retail Property For Sale
Investment Highlights
- SINGLE TENANT FAMILY DOLLAR: 9,180-SF on a 0.99 acre lot with 30 parking spaces.
- RENTAL INCREASES IN EACH OPTION: 10% rental increases in each option with percentage rent
- FEE SIMPLE OWNERSHIP: Provides the buyer with the highest form of real estate ownership and absolute control over the asset
- NEW 10-YEAR LEASE EXTENSION: Tenant recently signed a new 10 year double net lease extension extending the lease through 2036
- CORPORATE GUARANTEE: Lease is corporately guaranteed by Family Dollar, which was recent acquired by Brigade Capital Management
- HIGH VISIBILITY CORNER LOCATION: Located on a hard corner with landscaped frontage, lighted pylon sign and separate rear delivery zone entrance
Executive Summary
9,180-SF on a 0.99 acre lot with 30 parking spaces
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
B
Year Built
2007
Price
$1,200,000
Price Per SF
$130.72
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.99 AC
Zoning
M1 - Light Manufacturing
Parking
30 Spaces (3.27 Spaces per 1,000 SF Leased)
Frontage
195’ on N Cotton St
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | C849-999-0620-0100 | Improvements Assessment | $532,437 |
| Land Assessment | $157,163 | Total Assessment | $689,600 |
Property Taxes
Parcel Number
C849-999-0620-0100
Land Assessment
$157,163
Improvements Assessment
$532,437
Total Assessment
$689,600
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