Medical Office Buildings with
For Sale
$6,230,000
1721 Lee Trevino Drive, El Paso, TX 79935
Two East El Paso properties offer occupied medical suites, additional leasable space, and on-site solar energy systems.
Property Size18,697 SF
Price / SF$333.21
Days on Market226
Property Features for 1721 Lee Trevino Drive
General Information
Standard status
Active
Size
18,697 SF
Property subtype
COMMERCIAL
Site & Location
Neighborhood
Corridor 20 Civic Association
Road Access
Yes
Additional Details
Tenant in Place
Yes
Property Use
Medical Office
Taxes and HOA fees
Annual Taxes
$57,207
Amenities
solar energy systems
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
Doug Borrett Real Estate Co.
Listed By:
George Cruz · License #0379466
(915) 598-6606
Source:
Center-realestate
Added: Mar 18
Changed: Oct 26
Last Checked: Oct 26 at 2:19PM
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 Doug Borrett Real Estate Co.
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Investment Insights
Based on property information with market context.
The offering includes two medical office buildings on Lee Trevino Drive in El Paso. Building A contains approximately 6,253 square feet and is leased to Vista Hills Medical Equipment through September 2030 and The Fix Aesthetics Clinic through May 2030. Two additional suites in the building are available for lease. Building B contains approximately 12,444 square feet and is leased to WellMed Medical and WellMed Physical Therapy through August 2026. Both buildings have fully operational, debt-free solar energy systems.
The properties sit along Lee Trevino Drive, identified as a high-traffic commercial corridor in East El Paso. The two buildings provide a mix of leased medical space and suites available for lease within Building A.
The properties sit along Lee Trevino Drive, identified as a high-traffic commercial corridor in East El Paso. The two buildings provide a mix of leased medical space and suites available for lease within Building A.
Key Highlights
- Two medical office buildings on Lee Trevino Drive in East El Paso
- Building A contains approximately 6,253 square feet
- Building A tenants have lease expirations in September 2030 and May 2030
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$242,313
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,846,260
$4.8M
Cap Rate 7%
$3,461,614
$3.5M
Cap Rate 9%
$2,692,367
$2.7M
Market Conditions
NOI Build-Up for 18,697 SF
Gross rent
$448.7K $24.00/SF
− Vacancy
−$44.9K −$2.40/SF
EGI
$403.9K $21.60/SF
− OpEx
−$161.5K −$8.64/SF
NOI
$242.3K $12.96/SF
Area
El Paso, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,846,260
Cap Rate 7%
$3,461,614
Cap Rate 9%
$2,692,367
Alternative Uses
Best Use
Healthcare Medical
$3.46M
$3.03M – $4.04M
NOI $242,313 @ 7.0% cap · market cap 3.89%
Second Best
Office B
$3.38M
$2.96M – $3.94M
NOI $236,674 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$4.69M
$4.10M – $5.47M
NOI $328,345 @ 7.0% cap · market cap 5.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,372
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 79935, TX
17,534
Population
7,165
Households
2.4
Avg Household Size
38
Median Age
28%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
5,010
Density / Sq Mi
$65,000
Median Household Income
$32,377
Median Earnings
$1,070
Median Rent
$194,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in El Paso, TX
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two East El Paso properties offer occupied medical suites, additional leasable space, and on-site solar energy systems.
Where is this medical office space located?
The property is located at 1721 Lee Trevino Drive El Paso, TX.
What is the asking price?
The asking price for this property is $6,230,000.
What are key features of this property?
This property features: Two medical office buildings on Lee Trevino Drive in East El Paso; Building A contains approximately 6,253 square feet; Building A tenants have lease expirations in September 2030 and May 2030
