For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

1525 Magoffin Ave El Paso, TX 79901

View on Map
Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

18,540 SF Warehouse, NNN Leaseback, High ROI

Property size:
18,540 SF

Property Features for 1525 Magoffin Ave

General Information

Property type
Life science properties
Square Feet
18,540 SF
Class
C

Building Details

Year Built/Renovated
1950/2021
Stories
1

We can help!

Listing Contact
Juan Uribe
Juan Uribe

Listing Agency: Team Juan Uribe Listing Agent: Juan Uribe

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more

Property Insight Report

Overview

This exceptional investment opportunity presents a 18,540-square-foot industrial warehouse located at 1525 Magoffin Ave, El Paso, TX 79901. The property, classified as Class C, boasts a desirable distribution, flex, and R&D subtype, perfectly suited for a variety of uses. Built in 1950 and extensively renovated in 2021, this single-story building features a 16-foot ceiling height, one loading dock, and convenient drive-in access. Its strategic location in El Paso's central manufacturing district offers easy access to I-10 and downtown. The property includes a valuable rail spur, enhancing its logistical capabilities. Currently operating as a successful manufacturing business, the seller is offering a compelling sale-leaseback arrangement, with a proposed 5-year lease (plus a 5-year option) at $7,000 per month NNN. The property's strong financial performance is reflected in its $84,000 net operating income (NOI) and a 6.04% cap rate. The asking price is $1,390,500, with 2024 property taxes totaling $7,255.10. The property is zoned M1 and has an APN of C849-999-0700-2900. This is a rare opportunity to acquire a well-maintained, income-producing asset with significant upside potential in a thriving El Paso location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

FCS Wrought Iron Metal Fabrication Plant Ary Automation & Control, ... Production Facility EPTEX Coatings LLC Factory

Suggested Use

Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Law Firm Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
El Paso
County
El Paso
State
Texas
Longitude
-106.4716981
Latitude
31.7657131

FAQs

What type of property is this?
Life science property - 18,540 SF Warehouse, NNN Leaseback, High ROI
Where is this life science property located?
The property is located at 1525 Magoffin Ave El Paso, TX.
What is the asking price?
The asking price for this property is $1,390,500.
What are key features of this property?
This property features: 18,540 SF warehouse with rail spur.; Excellent I-10 and Downtown El Paso location.; Sale-leaseback opportunity with NNN terms.
(915) 479-5151 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message