Fiesta Mercado Shopping Center

Located centrally off of North Loop Dr and Horizon Blvd in growing Socorro/East El Paso area, and minutes from Loop 375 and I-10. Serves several communities as central hub of retail activity with diverse tenant mix and wide variety of options/services available.Sonny Brown Associates is pleased to present the opportunity to acquire Fiesta Mercado, a 194,950 SF grocery-anchored regional shopping center located in the Socorro, Texas, a suburb of El Paso, Texas. Located in the heart of Socorro (the fastest growing city in El Paso County, growing by over 5% in the last four years), this expansive shopping center stands as a cornerstone of the community, offering a diverse array of retail, dining, and service options. Its strategic location ensures easy access for residents and visitors alike, situated near major highways and within close proximity to residential areas. Furthermore, the property is in close proximity to significant new industrial, commercial, and residential development, exceeding 5,000,000 SF of inventory coming online within a 3 mile radius in last 4 years. Anchored by grocer Food King, this center features a mix of national retailers and is complemented by a mix of local businesses. Fiesta Mercado provides a comprehensive shopping experience for its customers that caters to a wide range of consumer needs. With its centralized location and diverse mix of services, this shopping center not only meets the shopping needs of Socorro residents but also enriches the overall quality of life in the region. This is a great opportunity to acquire a revenue generating asset that features NNN leases, land to develop, and is in a rapidly developing suburb of the expanding El Paso metro area.Largest grocery anchored regional shopping center in a 3 mile radius. Over 35 businesses comprised of retail, restaurants, soft goods, medical, dental and various other types of services. 15 of those tenants have been in business more than 10 years. Most visits are from a 3 to 7 mile radius (according to sourced data deemed reliable).