11020 Argal Ct El Paso, TX 79935
11,484 SF industrial building with paint booth and office.
Property Features for 11020 Argal Ct
General Information
- Standard status
- Active
- Size
- 11,484 SF
- Property subtype
- Industrial, Retail
Listing office REP Commercial Real Estate (915) 240-1231
Listing date Oct 29, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Move‑in‑ready 11,484 SF industrial building in a prime El Paso industrial corridor location.
- Benefit from a paint booth with a specialized fire suppression system (a $50k investment).
- Recently serviced roof and newly resurfaced parking lot.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $86.8k | $7.56 |
| − Vacancy | −$8.8k | −$0.76 |
| EGI | $78.1k | $6.80 |
| − OpEx | −$23.4k | −$2.04 |
| NOI | $54.6k | $4.76 |
