Horvath & Tremblay Represents Buyer In $7.6M Retail Sale On N. Zaragoza Rd., El Paso
745 North Zaragoza Road
Building Size
13,358 SF
Asset Type
Retail
Closing
Sep 8, 2022
AI
The property asset is located at 745 N. Zaragoza Rd. in the El Paso market. This retail property comprises 13,358 square feet and was listed with an asking price of $7,642,728.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,642,728
- Address: 745 N. Zaragoza Rd.
- Market: El Paso
- Square Footage: 13,358
- Buyer's Representative: Brendan Conway - Horvath & Tremblay
- Seller's Representative: Christopher Lind - Marcus & Millichap
Brendan Conway represented the buyer in this transaction, while Christopher Lind represented the seller. Both representatives are affiliated with their respective agencies in the negotiation of this property sale.
Players
El Paso Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93