CASH AMERICA 12215 R.C. <strong>Poe</strong> Road, El Paso, TX El Dorado High School R.C. <strong>Poe</strong> <strong>Rd</strong> Medical Plaza I Montwood High School FORT BLISS – 1,700 Acres Army Base AERIAL PHOTOGRAPH | 6
CASH AMERICA 12215 R.C. <strong>Poe</strong> Road, El Paso, TX IMMEDIATE TRADE AREA Cash America is located at R.C. <strong>Poe</strong> Road and Joe Battle Boulevard (Loop 375), which supports over 18,000 vehicles per day, just off Montana Avenue, over 36,000 vehicles per day. Tenants in the immediate area include Super Wal-Mart, Lowe’s, Super Target, Home Depot, Starbucks, McDonald’s, Burger King, Taco Bell, Walgreens, Marriott, and Value Place hotel. Sierra Medical Center is located just half of a mile from subject property, which has more than 350 beds and offers a full range of advanced medical and surgical services to El Paso, and to the outlying communities of West Texas, southern New Mexico and to international neighbors in Northern Mexico. El Paso International Airport, which served over 3 million passengers in 2010, is also just a few miles away. Fort Bliss is located directly across Montana Avenue and extends up through New Mexico. FORT BLISS The subject property is adjacent to Fort Bliss, a US Army post with an area of about 1,700 square miles. Fort Bliss is the Army’s second largest installation and the largest inland military complex in the world, with training areas extending to New Mexico into the White Sands Missile Range and neighboring Holloman Air Force Base in Alamogordo. As of 2005, the base contributed about $1.7 Billion to the local economy, and many businesses in the region serve the post's troops. In 2005, the Pentagon recommended transforming Fort Bliss into a heavy armor training post. Today, the Fort Bliss extended family exceeds over 85,000 people - including active military, their families, National Guard and retirees. This population will grow nearly 70% over the next four years. The federal government has broken ground on over $4 billion in fully funded construction projects in preparation for this staggering increase. The economic impact to the local economy by 2013 is expected to create $13.9 billion in new labor and over $50 million in annual tax revenue. EL PASO, TEXAS El Paso is a city in and the county seat of El Paso County, Texas, United States, and lies in far West Texas. In the 2010 census, the city had a population of 649,121. The market has almost 3.1 million people within a 45-minute drive. There are 7.8 million pedestrian crossings and 12.4 million vehicular crossings annually between El Paso and Mexico. It stands as one of the busiest ports of entry along the border. El Paso is home to the University of Texas at El Paso (founded in 1914 as The Texas State School of Mines and Metallurgy, and later, Texas Western College; its present name dates from 1967) and the Texas Tech University Health Sciences Center at El Paso. Education is also a driving force in El Paso's economy. El Paso's three large school districts are among the largest employers in the area, employing more than 19,000 people between them. The University of Texas at El Paso (UTEP) has an annual budget of nearly $250 million and employs nearly 3,600 people. A 2002 study by the university's Institute for Policy and Economic Development stated that the University's impact on local businesses has resulted in $349 million. More than 70 Fortune 500 companies have offices in El Paso, including The Hoover Company, Eureka, Boeing, and Delphi (auto parts). The market has almost 3.1 million people within a 45-minute drive. Once a major copper refining area, chief manufacturing industries in El Paso now include food production, clothing, construction materials, electronic and medical equipment, and plastics. Cotton, fruit, vegetables, livestock, and pecans are produced in the area. El Paso Ranks: 3 rd Best US City for quick service and restaurant growth -Pitney Bowes 9 th Best US City in Economic Performance -2010 Milken Institute 6 th Best Place for Cost of Doing Business -Forbes 2 nd Safest Large US City -2010 CQ Press LOCATION OVERVIEW | 7
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