Walgreens

12308 Eastlake Blvd, El Paso, TX 79928

  • For Sale $6,033,333
  • Property Type Retail - Freestanding
  • Property Size 9,955 SF
  • Lot Size 1.39 Acre
  • Property Tenancy Single Tenant
  • Date Updated Mar 26, 2024
El Paso, strategically positioned at the crossroads of commerce, stands as a prominent hub in the southwestern United States. With its advantageous location near the Mexican border and proximity to major transportation routes, including Interstate 10, the city offers unparalleled logistical advantages for businesses and investors. Boasting a thriving economy, a skilled workforce, and a robust industrial sector, El Paso presents a prime opportunity for commercial real estate ventures. Its strategic position as a gateway to Mexico and access to key markets make it a compelling destination for those seeking to capitalize on its strategic advantages and dynamic business environment.This is an exceptional investment opportunity featuring a state-of-the-art, newly constructed Walgreens property. This prime location is situated within El Paso's fastest-growing trade area. This Walgreens is ideally positioned at the entrance to the thriving 4,000-acre master-planned community known as 'Mission Ridge,' with over 20,000 homes. As an anchor to this development, it promises stability and long-term growth potential. The property boasts a pristine 15-year absolute NNN Lease, offering a passive investment experience. Furthermore, the property benefits from its immediate proximity to the massive 2.6 million square foot Amazon Fulfillment center, ensuring a steady flow of traffic and potential customers. Additionally, it enjoys a strategic location across from a brand-new 100,000 square foot Home Depot and a thriving 90-acre retail center anchored by national retailers. With a major pharmacy chain like Walgreens filling a competitive void in the market, this investment opportunity combines security, growth potential, and convenience in one package. This is irreplaceable real estate investment in El Paso's booming trade district

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Highlights

  • Positioned in El Paso's most rapidly expanding trade district
  • Brand New 2024 Construction
  • Located at the gateway to the 4,000-acre, 20,000-home master-planned community known as "Mission Ridge."
  • Featuring a forthcoming supermarket spanning approximately 50,000 square feet as a prominent anchor.
  • In close proximity to the colossal Amazon Fulfillment center, covering 2.6 million square feet.
  • Directly opposite a New Home Depot measuring 100,000 square feet and 90 acres of nationally renowned retail outlets.
  • A significant opportunity exists for a major pharmacy to fill a competitive void in the market.

Contacts

broker

Jeff Bracco

The Kase Group

(510) 388-4438

Location

Getting Around

  • Walk Score ®

    25/100 Car-Dependent
  • Bike Score ®

    18/100 Somewhat Bikeable
Powered by Walk Score ®
  • City El Paso, TX
  • Neighborhood Fort Bliss Military Reservation
  • Zip Code 79928
  • Market El Paso

Points of Interest

  • Speedway

    0.17 miles

  • Speedway

    2.34 miles

  • Circle K

    2.45 miles

  • Speedway

    2.47 miles

  • Murphy USA

    3.31 miles

  • Circle K

    3.35 miles

  • Alon

    3.36 miles

  • valero

    3.48 miles

  • Speedway

    3.52 miles

  • Alon

    3.55 miles

  • Whataburger

    3.24 miles

  • McDonald's

    3.25 miles

  • Whataburger

    3.31 miles

  • Subway

    3.32 miles

  • Little Caesars

    3.35 miles

  • Whataburger

    3.38 miles

  • West-Texas Chophouse

    3.39 miles

  • Taco Bell

    3.42 miles

  • Village Inn

    3.43 miles

  • Chick-fil-A

    3.45 miles

  • Walmart Neighborhood Market

    3.12 miles

  • Walmart Supercenter

    3.17 miles

  • Ross

    3.45 miles

  • Walmart Supercenter

    3.55 miles

  • Kohl's

    3.64 miles

  • Walmart Neighborhood Market

    3.90 miles

  • Walmart Supercenter

    4.46 miles

  • Ross

    4.49 miles

  • Target

    4.61 miles

  • Big Lots

    4.72 miles

Frequently Asked Questions

What is the lease rate for Walgreens?

Rental asking rate at Walgreens is $3,016,666.50/YR.

What is the total square footage of Walgreens?

Walgreens totals 9,955 square feet.

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Contact Listing Broker

broker

Jeff Bracco

The Kase Group

(510) 388-4438