Leased Office
For Sale
Contact for pricing
Pending
11860 VISTA DEL SOL DR, El Paso, TX 79936
Medical and professional office property with C2 zoning and access near two major thoroughfares.
Property Size18,852 SF
Days on Market66
Property Features for 11860 VISTA DEL SOL DR
General Information
Standard status
Pending
Size
18,852 SF
Class
B
Property subtype
Office
Zoning
C2
Occupancy
100%
Lease Type
Gross
Investment Type
Stabilized
Building Details
Year Built
2007
Year Renovated
2023
Buildings
1
Stories
1
Units
1
Tenancy
Multi
Listing Agency:
Clearview Realty
Listed By:
Dylan Surratt · License #731923
(915) 543-8331
Source:
Crexi
Added: Aug 19
Changed: Oct 13
Last Checked: Oct 20 at 8:58PM
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 Clearview Realty
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Investment Insights
Based on property information with market context.
The Mission Business Center is an 18,852-square-foot office building completed in 2007. The property is configured for medical and professional office use and is currently 100% leased, providing an established tenant base and in-place occupancy.
Located at 11860 Vista Del Sol Dr in El Paso, the building sits near two major thoroughfares and connects with surrounding residential and commercial areas. C2 zoning supports the property’s commercial office profile. Its address places the asset within the El Paso market while the existing leasing provides an operating office property for acquisition.
Located at 11860 Vista Del Sol Dr in El Paso, the building sits near two major thoroughfares and connects with surrounding residential and commercial areas. C2 zoning supports the property’s commercial office profile. Its address places the asset within the El Paso market while the existing leasing provides an operating office property for acquisition.
Key Highlights
- 18,852‑square‑foot office building completed in 2007
- 100% leased medical and professional office property
- C2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$218,532
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,370,640
$4.4M
Cap Rate 7%
$3,121,886
$3.1M
Cap Rate 9%
$2,428,133
$2.4M
Market Conditions
NOI Build-Up for 18,852 SF
Gross rent
$395.9K $21.00/SF
− Vacancy
−$31.7K −$1.68/SF
EGI
$364.2K $19.32/SF
− OpEx
−$145.7K −$7.73/SF
NOI
$218.5K $11.59/SF
Area
ZIP 79936
Vacancy
8.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,370,640
Cap Rate 7%
$3,121,886
Cap Rate 9%
$2,428,133
Alternative Uses
Best Use
Healthcare Medical
$3.12M
$2.73M – $3.64M
NOI $218,532 @ 7.0% cap · market cap 5.46%
Second Best
Office B
$2.99M
$2.62M – $3.49M
NOI $209,455 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$3.99M
$3.49M – $4.65M
NOI $279,195 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
813
Businesses Nearby
Explore this area
Business Placement
Demographics for 79936, TX
105,150
Population
36,825
Households
2.9
Avg Household Size
37
Median Age
28%
College-Educated
86%
High-School Grad
25.9 sq mi
ZIP Area
4,060
Density / Sq Mi
$64,958
Median Household Income
$32,862
Median Earnings
$1,214
Median Rent
$169,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in El Paso, TX
Frequently Asked Questions
What type of property is this?
Office building - Medical and professional office property with C2 zoning and access near two major thoroughfares.
Where is this office building located?
The property is located at 11860 VISTA DEL SOL DR El Paso, TX.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 18,852‑square‑foot office building completed in 2007; 100% leased medical and professional office property; C2 zoning
