11621 Pellicano Drive El Paso, TX 79936
Turn-key medical office in East El Paso's growing commercial corridor.
Property Features for 11621 Pellicano Drive
General Information
- Standard status
- Active
- Size
- 3,025 SF
- Property subtype
- Office
Building Details
- Year Built
- 1997
Listing office Guerrero & Associates
Listing date May 13, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Guerrero & Associates
Investment Insights
Based on property information with market context.
Key Highlights
- Turn‑key, beautifully remodeled medical office building with modern finishes.
- Excellent visibility and abundant parking spaces.
- Functional medical layout suitable for various medical or professional uses.
Local Financial Insights For Healthcare Medical
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 | $63.5k | $21.00 |
| − Vacancy | −$5.1k | −$1.68 |
| EGI | $58.4k | $19.32 |
| − OpEx | −$23.4k | −$7.73 |
| NOI | $35.1k | $11.59 |
Alternative Uses
Property Analytics
Current Use by Public Records
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