Retail Space / Texas / El Paso / 79936 / 1780 Lee Trevino Drive

1780 Lee Trevino Drive

Q: What is the asking price for 1780 Lee Trevino Drive in El Paso?

The asking price for 1780 Lee Trevino Drive is $7,895,000

Q: What is the building size of this Retail property in El Paso, TX?

The size of the building/unit at 1780 Lee Trevino Drive in El Paso is 11,945 square feet.

Q: What is the population within 1 mile of 1780 Lee Trevino Drive?

The population within 1 mile of 1780 Lee Trevino Drive El Paso, TX 79936 is 15,375 people.

Q: Who do I contact for questions about 1780 Lee Trevino Drive?

You should contact the listing agent, Matthew Mousavi, for any details regarding this commercial listing.

El Paso, TX 79936

Listing ID: 255590

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1780 Lee Trevino Drive | for Sale | Thumbnail 1

1780 Lee Trevino Drive | for Sale | Thumbnail 2

Building Size: 11,945 SF

Lot Size: --

Land Size: --

Building $/SF: $660.95

Land $/SF:

Price

$7,895,000

Property Highlights

CVS Health Corporation guaranteed lease SP BBB

The lease is absolute net lease structure with 24 years remaining and 10 5-year options to extend

Offering is located in Texas, a state income tax-free state

Site is complete with a pylon or monument sign, increasing visibility

Building is equipped with a drive-thru pharmacy, providing ease and convenience for consumers

Nearly 299,000 residents with an average household income of nearly$62,000 support the trade area

Description

The property is encumbered by non-recourse, zero cash flow financing, which provides significant equity growth and preservation for a passive investor. The current loan on the property includes a pay-down / readvance feature allowing an exchange buyer to pull 99% of the outstanding loan balance in cash from the exchange. The minimal required equity to purchase the property is ideal for private and family office trust planning due to the significant value creation through the debt structure, passive ownership, and ability to create tax losses for other income producing assets. The property is located at the signalized, hard corner intersection of Lee Trevino Dr. and Trawood Dr., averaging 49,000 combined vehicles passing by daily.

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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Month	Payment	Principal	Interest	Total Interest	Balance
$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

Listing Demographics for 1780 Lee Trevino Drive El Paso, TX 79936

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 Population		15,375	153,552	282,652
Population Median Age		40	37	36
Population by Age	0-9 Yrs	1499 (9%)	18997 (12%)	37397 (13%)
	10-19 Yrs	2128 (13%)	23230 (15%)	44938 (15%)
	20-29 Yrs	2252 (14%)	25399 (16%)	47170 (16%)
	30-39 Yrs	1949 (12%)	18240 (11%)	32944 (11%)
	40-49 Yrs	1758 (11%)	18548 (12%)	35130 (12%)
	50-59 Yrs	1868 (12%)	19204 (12%)	33795 (11%)
	60-69 Yrs	1917 (12%)	15122 (9%)	26054 (9%)
	70+ Yrs	2004 (13%)	14812 (9%)	25224 (8%)

Median HH Income		$58,946	$49,765	$47,945
Total Household Income	< 24K	1083 (19%)	11875 (23%)	22561 (24%)
	25-49K	1187 (21%)	14012 (27%)	24905 (27%)
	50-74K	1162 (20%)	10721 (20%)	18572 (20%)
	75-99K	771 (13%)	6101 (11%)	10284 (11%)
	100-199K	1118 (20%)	7677 (14%)	13020 (14%)
	200K+	231 (4%)	1151 (2%)	1869 (2%)

Highest Education Level	No Diploma	1381	16381	34721
	Diploma or GED	2140	25051	44697
	Some College	2866	25978	44414
	Assoc. Degree	970	8798	14786
	Bachelors Degree	2173	15109	26417
	Higher Degree	971	6243	10166

Total Housing Units		5,916	54,802	97,661
--Owner-Occupied		3,544	31,900	56,538
--Renter-Occupied		2,007	19,638	34,674
Owner-Occupied Values	< 100K	332	8090	16986
	100-199K	2462	20009	32725
	200-299K	553	2754	4854
	300-399K	150	733	1255
	400-499K	14	52	129
	500K+	32	262	589

Total Working Age Population		12,599	120,906	218,370
In Work Force		7,494	75,438	136,590
Not In Work Force		5,105	45,467	81,779
Workforce Employed		6,917	68,765	124,850
Workforce Unemployed		452	4,323	7,636
Civlian Workforce		7,369	73,088	132,486
Military Workforce		125	2,350	4,104

Total Households		5,551	51,538	91,211
Family Households		3,930	37,120	67,201
Non-Family Households		1,621	14,418	24,010
Married Couple		2,881	24,087	42,770
Other Family		1,048	13,034	24,432
Married w/Child		953	9,369	18,062
Single Male w/Child		43	1,106	2,339
Single Female w/Child		296	4,911	9,295

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
New Mexico	1,819,046	+13	2,059,179	+6	2,187,183	+6	2,308,475
DoÃ±a Ana County	174,682	+20	209,233	+11	232,946	+9	255,070
Texas	20,851,820	+21	25,145,561	+18	29,677,668	+18	34,894,452
El Paso County	679,622	+18	800,647	+9	876,120	+7	936,697

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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 1780 Lee Trevino Drive in El Paso?

The asking price for 1780 Lee Trevino Drive is $7,895,000

What is the building size of this Retail property in El Paso, TX?

The size of the building/unit at 1780 Lee Trevino Drive in El Paso is 11,945 square feet

What is the population within 1 mile of 1780 Lee Trevino Drive in El Paso?

The population within 1 mile of 1780 Lee Trevino Drive El Paso, TX 79936 is 15,375 people.

Who do I contact for questions about 1780 Lee Trevino Drive?

You should contact the listing agent, Matthew Mousavi, for any details regarding this commercial listing.

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3117 Saul Kleinfeld Drive, El Paso, TX	$372,900	25000	0.57
10140 Montana Avenue, El Paso, TX	$1,600,000	4000	2.28
519 North Carolina Drive, El Paso, TX	$195,000	3000	0.34
9416 Montana Avenue, El Paso, TX	$1,100,000	4703	1.29
7308 North Loop Drive, El Paso, TX	$495,000	5490	0.38
7244 North Loop Drive, El Paso, TX	$355,000	3100	0.36
7258 Alameda Avenue, El Paso, TX	$199,900	2000	0.35
7949 Knights Drive, El Paso, TX	$375,000	1900	1

Closest Commercial Airports

Airport	Distance (mi)
Albuquerque International Sunport / Kirtland Air Force Base (ABQ)	227
Tucson International Airport / Morris Air National Guard Base (TUS)	272
Lubbock Preston Smith International Airport (LBB)	292