SUBWAY ANCHORED AND DOWNTOWN RETAIL BUILDING FOR SALE

Transcription

1 SUBWAY ANCHORED AND DOWNTOWN RETAIL BUILDING FOR SALE 321 E SAN ANTONIO EL PASO, TX Laura Salome, CCIM Managing Director laurasalome@svn.com SVN FORTUNE REAL ESTATE 214 W. FRANKLIN AVE, EL PASO, TX SALE BROCHURE

2 Property Summary OFFERING SUMMARY Sale Price: $350,000 Annual Income: $23,608 Year Built: 1969 Building Size: 3,060 SF Renovated: 2003 Zoning: C5 Market: Downtown Price / SF: $ PROPERTY OVERVIEW Bank Owned (Trustee Sale) Downtown El Paso Asset for Sale. Building has one national tenant (Subway) and one local tenant (One Way). There are no written leases available and both tenants are month to month. PROPERTY HIGHLIGHTS Bank Owned (Trustee) Sale National Tenant and One Local- Both Month to Month Downtown Property located on High Traffic Corner Walkable Score High Signalized Corner Property Street Parking and Paid Parking Adjacent New Roof and New AC Units Strong Daytime Traffic (Neighbors: El Paso Electric Company and Court Houses) Walk to Newly planned Blue Flame Building (120 apartment complex) SUBWAY ANCHORED AND DOWNTOWN RETAIL BUILDING FOR SALE 321 E SAN ANTONIO, EL PASO, TX SVN Fortune Real Estate Page 2

3 Additional Photos SUBWAY ANCHORED AND DOWNTOWN RETAIL BUILDING FOR SALE 321 E SAN ANTONIO, EL PASO, TX SVN Fortune Real Estate Page 3

4 Location Map SUBWAY ANCHORED AND DOWNTOWN RETAIL BUILDING FOR SALE 321 E SAN ANTONIO, EL PASO, TX SVN Fortune Real Estate Page 4

5 Income & Expenses INCOME SUMMARY SUBWAY ANCHORED AND DOWNTOWN RETAIL BUILDING FOR SALE Subway $17,608 One Way $6,000 Gross Income $23,608 EXPENSE SUMMARY SUBWAY ANCHORED AND DOWNTOWN RETAIL BUILDING FOR SALE Property Taxes (2017) $6,621 Insurance $2,625 Management $1,080 Repairs $1,200 Gross Expenses $11,526 Net Operating Income $12,082 SUBWAY ANCHORED AND DOWNTOWN RETAIL BUILDING FOR SALE 321 E SAN ANTONIO, EL PASO, TX SVN Fortune Real Estate Page 5

6 Advisor Bio LAURA SALOME, CCIM Managing Director PROFESSIONAL BACKGROUND Laura Salome holds the CCIM (certified commercial investment member) designation and is past president of the local CCIM chapter in El Paso Texas. She is highly involved with the local El Paso Community and serves on the CCIM Board and is also involved with ICSC (International Council of Shopping Centers). She holds a BA in Communications and Advertising from the University of Texas at Austin. Laura has an extensive background in medical sales which keeps her interested in Healthcare related real estate. The SVN Fortune Real Estate office primarily focuses on Investment sales, Multifamily, Retail, Medical, Land, and Office. SVN Fortune Real Estate also participates in retail and office leasing assignments both Landlord and Tenant Representation work. 214 W. Franklin Ave El Paso, TX T C laurasalome@svn.com The entire office is fluent in Spanish and understands the El Paso culture, landscape, and politics. She has an excellent working relationship with local, regional, and national developers as well with local municipalities, surveyors, appraisers, lenders, and title companies. SVN Fortune Real Estate is a local office with over 40 years of CRE expertise and is affiliated with a national flag, SVNIC. Each office is independently owned and operated with over 300 offices globally. This global affiliation with other SVN offices allows participation in cross state transactions. The mission of this office is to deliver honest and meaningful commercial real estate consultation and service. We strive for positive outcomes for all involved, making the lives of our customers, clients, and colleagues better with our work. EDUCATION BA University of Texas at Austin MEMBERSHIPS & AFFILIATIONS CCIM National CCIM El Paso Chapter ICSC National and Regional BBB El Paso Chamber of Commerce SUBWAY ANCHORED AND DOWNTOWN RETAIL BUILDING FOR SALE 321 E SAN ANTONIO, EL PASO, TX SVN Fortune Real Estate Page 6