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El Paso, TX 79912

Take 5 Car Wash Ground Lease

Property Address

6004 North Mesa Street, El Paso, TX, USA

Offering Summary

  • Price: $2,523,000
  • Lot Size: 1.03 Acres
  • Cap Rate: 5.35%
  • Year Built: 2023
  • Building SF: 4,162
  • Status: Available
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  • Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • Corporate Guaranty by Driven Brands (NASDAQ: DRVN), the Largest Automotive Services Company in North America
  • 173,453 Residents within a 5-Mile Radius - Growing El Paso Trade Area
  • High-Quality 2023 Construction
  • Located at a High Traffic Intersection with 57,000+ Cars per Day at the Corner of Sunland Park Drive/Shadow Mountain Drive and North Mesa Street
  • Surrounded by National Tenants: Burlington, Harbor Freight Tools, Starbucks, Taco Bell, Goodwill, and More
  • Average Household Income Exceeds $94,000 within a 3-Mile Radius
  • Within a 15-Minute Drive of Downtown El Paso and the University of Texas at El Paso

Broker Information

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