Retail Space - For Sale
1490 North Zaragoza Road El Paso, TX 79936
Details & Description
Price: $7,300,000
  • Property Type Retail for Sale : Food Service
  • Lot Size Acres 0.000
  • Building Sq Ft 3,364
  • Building Price per Sq Ft $2,170.04
14 established Carl's Jr franchises in the El Paso TX, Las Cruces and Alamogordo NM market. 2 TX locations include the real estate. $300,000 liquidity requirement. All locations include drive-thru. Priced to sell. Value add opportunity for the right operator. This is an asset sale contingent upon approval by Franchisor. Average cost to open a Carl's Jr franchise is $1,600,000 to $2,200,000. Opportunity to acquire 14 locations for $172,000 each.Site 1 - 3,364 SF on .85 acres built in 2000 - 1490 N Zaragoza, El Paso TX 79936Site 2 - 2,803 SF on 1.266 acres built in 2009 - 10620 Montana Ave, El Paso TX 79935NOTE: Sales price does not include $9,000 transfer and/or franchise fees for all 14 locations.
Property ID:    301037
Property URL: melqr.com/301037
Generated:    03-26-23
Property Highlights
Listing Agents
Stephanie Gilezan

O: 502-640-3622
commercial@gilezanteam.com
Sam Griffin

O: 502-640-3622
sam@gilezanteam.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.
Retail Space / Texas / El Paso / 79936 / 1490 North Zaragoza Road

1490 North Zaragoza Road

El Paso, TX 79936

Listing ID: 301037
$7,300,000
For Sale
  • Property Type Retail for Sale : Food Service
  • Lot Size Acres 0.000
  • Building Sq Ft 3,364
  • Building Price per Sq Ft $2,170.04
  • 1490 North Zaragoza Road El Paso, TX 79936 | for Sale | Photo 1
  • 1490 North Zaragoza Road El Paso, TX 79936 | for Sale | Photo 2
  • 1490 North Zaragoza Road El Paso, TX 79936 | for Sale | Photo 3
1490 North Zaragoza Road | for Sale | Thumbnail 1
1490 North Zaragoza Road | for Sale | Thumbnail 2
1490 North Zaragoza Road | for Sale | Thumbnail 3
Property Highlights
• 14 national QSR franchise locations
• 2 locations include real estate
• Value add opportunity
• Acquire 14 locations at $172,000 each
Description

14 established Carl's Jr franchises in the El Paso TX, Las Cruces and Alamogordo NM market. 2 TX locations include the real estate. $300,000 liquidity requirement. All locations include drive-thru. Priced to sell. Value add opportunity for the right operator. This is an asset sale contingent upon approval by Franchisor. Average cost to open a Carl's Jr franchise is $1,600,000 to $2,200,000. Opportunity to acquire 14 locations for $172,000 each.

Site 1 - 3,364 SF on .85 acres built in 2000 - 1490 N Zaragoza, El Paso TX 79936

Site 2 - 2,803 SF on 1.266 acres built in 2009 - 10620 Montana Ave, El Paso TX 79935

NOTE: Sales price does not include $9,000 transfer and/or franchise fees for all 14 locations.

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El Paso Area Market Trends

Listing Demographics for 1490 North Zaragoza Road 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 Population18,398112,702295,519
Population Median Age353535
Population by Age0-9 Yrs2480 (13%)13832 (12%)41992 (14%)
10-19 Yrs2687 (14%)19092 (16%)47520 (16%)
20-29 Yrs3414 (18%)19905 (17%)47599 (16%)
30-39 Yrs2336 (12%)13721 (12%)38467 (13%)
40-49 Yrs1973 (10%)13788 (12%)36337 (12%)
50-59 Yrs2858 (15%)13786 (12%)33530 (11%)
60-69 Yrs1678 (9%)10351 (9%)26911 (9%)
70+ Yrs972 (5%)8226 (7%)23162 (7%)
Median HH Income$58,715$54,778$51,903
Total Household Income< 24K834 (15%)7769 (21%)21491 (22%)
25-49K1254 (22%)8438 (23%)23684 (25%)
50-74K1354 (24%)7592 (21%)18911 (20%)
75-99K1156 (20%)4865 (13%)11876 (12%)
100-199K849 (15%)6488 (18%)15799 (16%)
200K+72 (1%)875 (2%)2058 (2%)
Highest Education LevelNo Diploma17211087234551
Diploma or GED33461775345631
Some College27491759744864
Assoc. Degree1252654717117
Bachelors Degree24991222728142
Higher Degree316465211046
Total Housing Units5,71538,01799,722
--Owner-Occupied3,77422,72162,663
--Renter-Occupied1,74513,30631,156
Owner-Occupied Values< 100K627456717421
100-199K27761404336096
200-299K27130486975
300-399K526841390
400-499K13105223
500K+35273557
Total Working Age Population14,19787,339223,975
In Work Force9,29756,186141,690
Not In Work Force4,90031,15382,284
Workforce Employed8,66351,713130,303
Workforce Unemployed6063,5598,485
Civlian Workforce9,26855,272138,789
Military Workforce289142,902
Total Households5,51936,02793,819
Family Households4,28626,48670,975
Non-Family Households1,2339,54122,844
Married Couple2,46916,53645,344
Other Family1,8179,95025,631
Married w/Child1,0277,37820,477
Single Male w/Child798352,526
Single Female w/Child7024,10310,170

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.

Listing Location & Map Views
Other Retail Space Listings for Sale Nearby
Address Price Sq Ft Acres
11395 James Watt Drive, El Paso, TX $700,000 4500 2.25
3026 Trawood Drive, El Paso, TX $650,000 2000 0.82
1780 Lee Trevino Drive, El Paso, TX $7,895,000 11945 -
3117 Saul Kleinfeld Drive, El Paso, TX $372,900 25000 0.57
519 North Carolina Drive, El Paso, TX $195,000 3000 0.34
7949 Knights Drive, El Paso, TX $375,000 1900 1
7308 North Loop Drive, El Paso, TX $495,000 5490 0.38
10140 Montana Avenue, El Paso, TX $1,600,000 4000 2.28
7244 North Loop Drive, El Paso, TX $355,000 3100 0.36
7258 Alameda Avenue, El Paso, TX $199,900 2000 0.35
Closest Commercial Airports
Airport Distance (mi)
Albuquerque International Sunport / Kirtland Air Force Base (ABQ) 229
Tucson International Airport / Morris Air National Guard Base (TUS) 274
Lubbock Preston Smith International Airport (LBB) 292
Listing Agent
Stephanie Gilezan - CRE Agent at

Stephanie Gilezan

Gilezan Global

502-640-3622 (office)

VIEW AGENT PROFILE

gilezanglobal.com

CONTACT ME

Listing Co-Agent
Stephanie Gilezan - CRE Agent at

Sam Griffin

502-640-3622 (office)

gilezanglobal.com

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