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Neighborhood Eastside Shopping Center

3100 McRae - El Paso, TX 79925
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$400,000

Great Eastside Neighborhood shopping center located on the corner of McRae and Album. Has two tenants currently in it with a 1 vacant space available to lease. One tenant is an upscale beauty salon with the other tenant being a custom T-shirt shop. Good traffic and visibility. Great Eastside Investment Property! ​

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Property Highlights

Size:

  • Beauty Shop:            1,200SF

  • Screen Print Shop:     800SF

  • Vacant Space:           1,800SF

  • Total Size:                 3,800SF

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Rents:

  • Beauty Shop:            $1,635 mo

  • Screen Print Shop:  $  600 mo

  • Vacant Potential:     $2,100 mo 

  • Total:                          $4,385 potential rent​​​​

                                                           
Owner pays:

  • Trash:                         $ 45 mo

  • Water:                       $170 mo avg

  • Taxes:                        $625 mo

  • Insurance:                 $100 mo   

  • Total:                         $840 mo
     

Return on Investment:   11%

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