For Sale
For Sale
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Overview
This property offers the investor the opportunity to own "the heart" of the Union Depot Entertainment District. 511 Western, formally known as The Garden is leased for five years to The Venue at Union Depot and 115 Durango is leased to multiple well established restaurant/bars. This investment property has excellent upside potential with an existing stabilized income.
The properties are located in Downtown El Paso just one block from the new AAA Baseball Stadium, the El Paso Convention Center and the new $180 million multi-purpose arena.
Property Details
This property offers the investor the opportunity to own "the heart" of the Union Depot Entertainment District. 511 Western, formally known as The Garden is leased for five years to The Venue at Union Depot and 115 Durango is leased to multiple well established restaurant/bars. This investment property has excellent upside potential with an existing stabilized income.
The properties are located in Downtown El Paso just one block from the new AAA Baseball Stadium, the El Paso Convention Center and the new $180 million multi-purpose arena.
- Property TypeOffice, Retail
- Sale Price$2,838,000
- Total Building Size35,000RSF
- Cap Rate9.0%
- Property ID1970941