1319 George Dieter Dr

Top performing location – inquire with broker for details » Low rent for a national big-box store ($5.16/SF) » Rare opportunity to acquire an extremely low land basis of $790,000/acre » Tax-free state (Texas) » Successful operating history since 2001 » Kohl's executed the 1st renewal option in 2021, and is expected to execute the next renewal option, demonstrating commitment to the site » NNN – No landlord responsibilities » 5% rent increases during option periods » Strategically positioned at the George Dieter Drive interchange of Interstate 10, one of the nation's most critical east-west commercial corridors — generating 132,000+ VPD at the interchange and 55,229 VPD directly past the center's entrance » Anchored within Las Palmas Marketplace, a ±750,000 SF open-air power center featuring 51+ stores and restaurants, including Lowe's, Cinemark (20-screen theater), Burlington, Ross, Five Below, DSW, Michaels, Starbucks, and Walgreens, among others » Less than one mile northwest of a largely occupied industrial corridor with tenants such as Johnson Controls, Honeywell, XPO Logistics, DHL, Wrangler Jeans, ABC Supply Co, and TORO » Proximity to Fort Bliss — one of the U.S. Army's largest installations with 28,000+ active-duty personnel, a total community of 160,000, and a $27.9 billion annual economic impact supporting approximately 127,000 jobs across Texas » 274,000+ people live within a 5-mile radius (not inclusive of the Ciudad Juarez population) » Average household income exceeds $80,000 within a 5-mile radius