160 North Cotton Street

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160 North Cotton Street

El Paso, TX 79901
Asking Price
Contact for price
Asset Type
Convenience Store Retail
Class
Class B

What's Special

New 10 Year Lease Extension | Strong Placer.ai Visitation Data <ul><li>​SINGLE TENANT FAMILY DOLLAR: 9,180-SF on a 0.99 acre lot with 30 parking spaces.</li></ul><p></p><ul><li>​NEW 10 YEAR LEASE EXTENSION: Tenant recently signed a new 10 year double net lease extension extending the lease through 2036 with three, 5-year renewal options. Landlord only responsible for roof and structure.</li></ul><p></p><ul><li>​RENTAL INCREASES IN EACH OPTION: 10% rental increases in each option with percentage rent.</li></ul><p></p><ul><li>​CORPORATE GUARANTEE: Lease is co

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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