Building D 7451 Paseo Del Norte Blvd 8,000 SF 100% Leased Retail Building El Paso, TX 79911 $4,066,974 CAD ($508.37 CAD/SF) 6% Cap Rate

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
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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