Investment Opportunity
• Total Net Rentable Area: 5,916 SF
• Year Built: 2021
• Zoning: C–4 SC
• Lease Terms:
Lease Type: NNN lease
Annual Increases: Three Percent (3%)
Tenant: LAT Studios & Texas Creative Careers of Arts – East Campus
Initial Term: 120 Months (7 Years Remaining-2021 Commencement)
Renewal Term: One (1) 5-Year Renewal Term
• Traffic Counts:
Loop 375: 96,919 VPD
Rojas Drive: 16,664 VPD
Interstate 10: 168,150 VPD
(Source: Texas Department of Transportation AADT 2022)
• Prominent exposure from the Interstate 10 and Loop 375 Interchange
• 2024 NOI: $97,702.92
• Sales Price: $1,300,000
• 2023 Real Estate Taxes: $7,099.20
(Source: City of El Paso Tax Accessor)