McDonald's - El Paso, TX | 12363 Pellicano dr
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McDonald's - El Paso, TX 12363 Pellicano dr
4,285 SF Retail Building El Paso, TX 79928 $4,018,085 CAD ($938 CAD/SF) 3.85% Cap Rate
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
$4,018,085 CAD
Price Per SF
$938 CAD
Cap Rate
3.85%
NOI
$154,704 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Land Acres
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
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99,999 SF
- -
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Lorem Ipsum
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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 | $1,785,557 CAD |
| Land Assessment | $242,882 CAD | Total Assessment | $2,028,439 CAD |
PROPERTY TAXES
Parcel Number
M700-000-U201-0800
Land Assessment
$242,882 CAD
Improvements Assessment
$1,785,557 CAD
Total Assessment
$2,028,439 CAD
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Robert Donnell -
Chuck Klein -
SRS Real Estate Partners
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McDonald's - El Paso, TX | 12363 Pellicano dr
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