8500 Dyer St - West Building / Pad Site - Parcel A Local commercial | 440 m²

Break into the El Paso retail market with this exclusive acquisition opportunity for Sunrise Village, presented by REPcre. The four-parcel offering is available as a portfolio, or investors can purchase the assets individually. Sunrise Village is a prominent shopping center totaling 184,021 square feet on almost 15 acres and boasts a desirable mix of tenants that work well off of each other. It is located in El Paso County and zoned C-3.

Parcel A, West Pad Site, is fully leased and situated on 1.31 acres at the corner of Dyer and Tetons Street. It features a 4,300-square-foot building leased to Big Ben’s Drive Thru and a 325-square-foot building leased by street food vendor Elotes Yiyo’s. Watermill Express also leases part of the parking lot for a small water vending station.

Parcel B, North Building, comprises a 93,120-square-foot building situated on 6.33 acres with frontage on Dyer Street. It is 86% leased to an eclectic mix of local and national tenants, such as Dollar General, Allstate, Talecris Plasma, Sunrise Meat Market, and Sally Beauty Supply.

Parcel C, South Building, spans 62,961 square feet on a 4.66-acre parcel. The building abuts Tetons Street to face Dyser Street, the more traveled roadway. It has a low vacancy rate of 20% with a synergetic tenant roster, including Impact Strength Gym, an auto shop, Tortilla Factory, two bars, A2B Driving School, and more.

Parcel D, East Building, features a 30,529-square-foot building on a 2.68-acre lot at the corner of Tetons Steet and Guadalupe Drive. This property is 100% leased with Habitat for Humanity occupying 8,450 square feet and a skating rink leases about 22,000 square feet.

Sunrise Village boasts convenient accessibility off of US-54, a main North-South artery that is used as a primary connector to reach Downtown El Paso, El Paso International Airport, Fort Bliss, and Interstate 10. El Paso is the largest commercial real estate market in West Texas and has a historically strong retail landscape. The city’s position as an international point of entry at the US-Mexico border has formed a diverse economy made it a major hub for an array of industries from logistics to public administration. The retail vacancy rate in the El Paso market as of April 2024 was 2.5%, and the 10-year trailing average is 3.85%, astoundingly low figures compared to the national index. Supply pressures are minimal without substantial construction projects on the way, and retail rents rose by 16% from 2020 to 2024, underpinning the high demand for retail space in the market. Explore the diverse investment prospects of this offering, accentuated by its strategic accessibility and prominent tenant lineup. Get in touch.