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30019644
30019645

7451 Paseo del Norte, El Paso, TX 79911

GD
Principal
Wolf Investment Trust LLC
Listed by Wolf Investment Trust LLC
$2,975,000
97 days on market
Updated 3 days ago

Paseo at Cimarron Bldg D | Class A Multi-Tenant Investment

Details
Property Type Mixed Use, Office (+2)
Sub Type Restaurant, Shopping Center (+1)
Square Footage 9,000
Net Rentable (SqFt) 8,000
Units 3
Cap Rate 6.00%
Occupancy 100%
Tenancy Multi
Brand/Tenant Basecamp Fitness, District Coffee (+1)
Lease Type Absolute NNN
Lease Term 7.9
Lease Expiration 02/02/2034
Remaining Term 7.7
Rent Bumps Yes
Lease Options Yes
Price per SqFt $331
Broker Co-Op Yes
Class A
Year Built 2024
Year Renovated 2025
Buildings 1
Stories 1
Lot Size (SqFt) 30,576
Zoning Commercial
Parking Spaces 4 per unit
Investment Type Net Lease
Lease Commencement 03/01/2026
Occupancy Date 01/01/2025
Ceiling Height 14
Ownership Fee Simple

100% Leased Class A Multi-Tenant Investment | 8,000 SF |

Marketing description

Building D | The Paseo at Cimarron

7451 Paseo Del Norte Blvd, El Paso, TX 79911 | 8,000 SF | 100% Leased Class A Multi-Tenant Investment

Building D is a newly constructed, Class A multi-tenant building within The Paseo at Cimarron, a premier Spanish Revival retail and office complex totaling approximately 38,800 SF plus 4,200 SF of leasable patio space in the heart of the 900-acre Cimarron master-planned community in West El Paso. Located along Cimarron’s primary commercial corridor connecting the neighborhood to Resler and I-10, the property benefits from prominent frontage, strong daily traffic, and close proximity to a critical mass of national retailers within about a half-mile.

Cimarron is widely recognized as one of El Paso’s most desirable master-planned communities, with thousands of single-family homes and apartment units, significant commercial and office uses, and over seven miles of integrated hike and bike trails, pocket parks, and preserved open space supporting a walkable, lifestyle-oriented environment. This built-in customer base, combined with nearby anchors including Walmart, Planet Fitness, Cabela’s, Ross, HomeGoods, TJ Maxx, PetSmart, Rack Room Shoes, Chipotle, Cane’s, Menchie’s and others, drives consistent traffic and underpins long-term tenant demand at The Paseo.

Building D is 100% leased to a curated, needs-based mix of fitness, veterinary, and café uses that generate high-frequency, repeat visitation and tend to be more resilient than traditional soft-goods retail. The three-tenant lineup features established, experience-driven concepts that complement each other and the broader center, creating an all-day traffic pattern from early morning workouts to daytime coffee traffic and repeat pet-care visits.

Basecamp Fitness Iron Star is a boutique, high-intensity interval training studio backed by the Self Esteem Brands platform (parent of Anytime Fitness), offering a fast-paced, 35-minute, coach-led workout that combines cardio and strength training in a compact, premium environment. With a recurring membership model, lean staffing, and a loyal, health-conscious customer base, Basecamp functions as a regional fitness draw and consistent daily traffic driver for the center.

Lost Dog Veterinary Clinic is a locally owned, full-service veterinary clinic providing personalized medical care for dogs and cats in a modern, neighborhood-based setting at The Paseo. Led by an experienced veterinarian with deep ties to the El Paso community, the clinic offers routine wellness, diagnostics, and treatment services, creating a sticky, needs-based tenant that attracts repeat visits from surrounding pet-owning households and reinforces the project’s “daily needs” positioning.

District Coffee Co. is a locally owned specialty coffee concept with locations in downtown and West El Paso, offering craft espresso drinks, pour-overs, and a curated breakfast/lunch menu in a contemporary, community-oriented café space. Known for high-quality ingredients, signature lattes, and strong all-day foot traffic from residents, professionals, and students, District Coffee activates the project from early morning through afternoon and enhances cross-shopping for neighboring tenants.

Offered Fee Simple | Professionally Managed COA

Building D is offered fee simple, within a professionally managed Commercial Owners Association (COA) that oversees common area operations, including landscaping, parking lot maintenance, and CAM coordination for the entire Paseo complex. This structure allows investors to capture the benefits of direct ownership and long-term appreciation in a Class A environment while minimizing hands-on management—effectively delivering an institutional-quality setting without the typical operational burden of a standalone property.

Listing Contacts

GD
Principal
Wolf Investment Trust LLC
Listed by Wolf Investment Trust LLC

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