Retail Space
7308 North Loop Drive El Paso, TX 79915
Details & Description
Price: $495,000
    This Beautiful Hardware Store is an ideal turn-key business has been in business for over 30 years and makes a solid income with over 5000 customers in the neighborhood. The owners spent over $150,000 to upgrade to a franchise type Hardware Store, with all new shelving, equipment, floors, building expansion and redesign and all new inventory. The Business Only is For Sale for $495,000. It includes over $350,000 in Wholesale Inventory that the business owners will release at a major discount to equate $300,000. There are $68,016 in assets in the business. The Net income profit it produces per year is over $66,000 per year with 3 employees. The net income per year after all expenses multiplied by 3.3 years equals $217,984. So if you add $300,000 Inventory + $68,016 in Assets + $217,984 in net income over 3.3 years the total price for the business is $586,000. New Price of $495K. The company has finished their website and generates daily leads on the internet. Please check it out at www.SunCityHardwareStore.comPrimary FeaturesCounty El PasoOff Market DateProperty Type CommercialSold DateSold PriceSubdivision Stiles GardensZoning C3Financial DetailsApproximate Yearly TaxesExemptions NoneLease InfoAssumable/Assignable, New Lease to Buyer, Other ChargesLease Terms OtherLeaseable Area Y/N yesNumber Of Tenants 0Packages IncludesBalance Sheets, Building Lease, List of Equipment, Photos of Assets, Profit/Loss Statement, Tax Records, Traffic CountSale IncludesAssets, Equipment, Fixtures, Franchise, Furnishings, Inventory, Lease, License/Permits, Name, No Competition Clause, See RemarksTax YearTenant PaysAll Utilities, Electricity, Exterior Maintenance, Gas, Glass, Grounds Care, Heat, Liability, Sanitation, Security, See Remarks, Sewer, WaterAdditionalBest Use Retail, See RemarksEmpowerment Zone NoImproved YesMeasured By Appraiser CADProperty Building, Other ImprovementsSource Dimensions Owner ProvidedVerification OtherExternal FeaturesConstruction Adobe, Concrete, Glass, See RemarksDockFinance ConsideredCash, Contract, Conventional, Deed of Trust, Lease Option, Lease Purchase, Owner May Carry, RE Contract, Seller AssistedHandicap Access YesLot NoLot SqFt 16755Miscellaneous ExteriorDumpster Lease/Rented, Fenced, Security Lighting, See Remarks, Sign Incl w/Sale, Sign Owned, StorageNumber Of Parking SpacesParkingProperty Access See RemarksUtilitiesAll City, All Utilities, Cable TV - Available, Phone AvailableInterior FeaturesCooling 2+ Units, RefrigeratedFinished Space yesHeating 2+ Units, Forced Air, Natural GasRefrigerated YesLocation InformationFlood Zone NoLocation Freestanding
    Listing Agents
    Juan Uribe

    O: 915-585-0007
    juan@teamuribe.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    7308 North Loop Drive

    El Paso, TX 79915

    Listing ID: 146946
    • 7308 North Loop Drive El Paso, TX 79915 | for Sale | Photo 1
    • 7308 North Loop Drive El Paso, TX 79915 | for Sale | Photo 2
    • 7308 North Loop Drive El Paso, TX 79915 | for Sale | Photo 3
    7308 North Loop Drive | for Sale | Thumbnail 1
    7308 North Loop Drive | for Sale | Thumbnail 2
    7308 North Loop Drive | for Sale | Thumbnail 3
    Building Size: 5,490 SF
    Lot Size: 0.380 AC
    Land Size: 16,552 SF
    Building $/SF: $90.16
    Land $/SF: $29.90
    Price
    $495,000
    Description
    This Beautiful Hardware Store is an ideal turn-key business has been in business for over 30 years and makes a solid income with over 5000 customers in the neighborhood. The owners spent over $150,000 to upgrade to a franchise type Hardware Store, with all new shelving, equipment, floors, building expansion and redesign and all new inventory. The Business Only is For Sale for $495,000. It includes over $350,000 in Wholesale Inventory that the business owners will release at a major discount to equate $300,000. There are $68,016 in assets in the business. The Net income profit it produces per year is over $66,000 per year with 3 employees. The net income per year after all expenses multiplied by 3.3 years equals $217,984. So if you add $300,000 Inventory + $68,016 in Assets + $217,984 in net income over 3.3 years the total price for the business is $586,000. New Price of $495K. The company has finished their website and generates daily leads on the internet. Please check it out at www.SunCityHardwareStore.com


    Primary Features




    County El Paso
    Off Market Date


    Property Type Commercial
    Sold Date
    Sold Price
    Subdivision Stiles Gardens
    Zoning C3






    Financial Details




    Approximate Yearly Taxes
    Exemptions None
    Lease InfoAssumable/Assignable, New Lease to Buyer, Other Charges
    Lease Terms Other
    Leaseable Area Y/N yes


    Number Of Tenants 0
    Packages IncludesBalance Sheets, Building Lease, List of Equipment, Photos of Assets, Profit/Loss Statement, Tax Records, Traffic Count
    Sale IncludesAssets, Equipment, Fixtures, Franchise, Furnishings, Inventory, Lease, License/Permits, Name, No Competition Clause, See Remarks
    Tax Year
    Tenant PaysAll Utilities, Electricity, Exterior Maintenance, Gas, Glass, Grounds Care, Heat, Liability, Sanitation, Security, See Remarks, Sewer, Water






    Additional




    Best Use Retail, See Remarks
    Empowerment Zone No
    Improved Yes
    Measured By Appraiser CAD


    Property Building, Other Improvements
    Source Dimensions Owner Provided
    Verification Other






    External Features




    Construction Adobe, Concrete, Glass, See Remarks
    Dock
    Finance ConsideredCash, Contract, Conventional, Deed of Trust, Lease Option, Lease Purchase, Owner May Carry, RE Contract, Seller Assisted
    Handicap Access Yes
    Lot No
    Lot SqFt 16755


    Miscellaneous ExteriorDumpster Lease/Rented, Fenced, Security Lighting, See Remarks, Sign Incl w/Sale, Sign Owned, Storage
    Number Of Parking Spaces
    Parking
    Property Access See Remarks
    UtilitiesAll City, All Utilities, Cable TV - Available, Phone Available






    Interior Features




    Cooling 2+ Units, Refrigerated
    Finished Space yes


    Heating 2+ Units, Forced Air, Natural Gas
    Refrigerated Yes






    Location Information




    Flood Zone No


    Location Freestanding



    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    El Paso History of Retail Space for Sale

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    El Paso Area Market Trends

    Listing Demographics for 7308 North Loop Drive El Paso, TX 79915

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population11,74894,082208,496
    Population Median Age414039
    Population by Age0-9 Yrs1257 (10%)11427 (12%)25332 (12%)
    10-19 Yrs1707 (14%)12827 (13%)29955 (14%)
    20-29 Yrs1587 (13%)13897 (14%)33123 (15%)
    30-39 Yrs1256 (10%)10158 (10%)23181 (11%)
    40-49 Yrs1183 (10%)11279 (11%)23866 (11%)
    50-59 Yrs1485 (12%)12337 (13%)26198 (12%)
    60-69 Yrs1491 (12%)8863 (9%)20853 (10%)
    70+ Yrs1781 (15%)13293 (14%)25989 (12%)
    Median HH Income$34,626$36,930$38,126
    Total Household Income< 24K1436 (37%)10974 (32%)23796 (33%)
    25-49K1347 (34%)10565 (31%)21027 (29%)
    50-74K562 (14%)5865 (17%)12227 (17%)
    75-99K293 (7%)2751 (8%)6295 (8%)
    100-199K236 (6%)2830 (8%)6850 (9%)
    200K+8 (0%)444 (1%)1011 (1%)
    Highest Education LevelNo Diploma26901675033454
    Diploma or GED21271696436522
    Some College17751401431608
    Assoc. Degree42041759572
    Bachelors Degree691694116481
    Higher Degree25133537376
    Total Housing Units4,42136,78177,857
    --Owner-Occupied2,32118,61240,516
    --Renter-Occupied1,56014,81830,691
    Owner-Occupied Values< 100K1696942517501
    100-199K565737019615
    200-299K4214912421
    300-399K8168581
    400-499K01145
    500K+11147353
    Total Working Age Population9,54274,988165,646
    In Work Force5,15843,46197,378
    Not In Work Force4,38331,52768,268
    Workforce Employed4,79439,30085,748
    Workforce Unemployed2983,1386,919
    Civlian Workforce5,09242,43892,667
    Military Workforce661,0234,711
    Total Households3,88133,43071,207
    Family Households2,99322,80949,473
    Non-Family Households88810,62121,734
    Married Couple1,64113,64030,175
    Other Family1,3539,17019,298
    Married w/Child3894,87111,176
    Single Male w/Child584491,410
    Single Female w/Child3903,0887,123

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    El Paso County679,622+18800,647+9876,120+7936,697

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 7308 North Loop Drive in El Paso?
    The asking price for 7308 North Loop Drive is $495,000
    What is the building size of this Retail property in El Paso, TX?
    The size of the building/unit at 7308 North Loop Drive in El Paso is 5,490 square feet
    How much land does the El Paso, TX property at 7308 North Loop Drive include?
    7308 North Loop Drive in El Paso includes 0.380 acres of land
    What is the population within 1 mile of 7308 North Loop Drive in El Paso?
    The population within 1 mile of 7308 North Loop Drive El Paso, TX 79915 is 11,748 people.
    Who do I contact for questions about 7308 North Loop Drive?
    You should contact the listing agent, Juan Uribe, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Albuquerque International Sunport / Kirtland Air Force Base (ABQ) 228
    Tucson International Airport / Morris Air National Guard Base (TUS) 269
    Lubbock Preston Smith International Airport (LBB) 296