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313 Stanton St El Paso, TX 79901

Sponsored
For Sale
$3,506,560

Net-leased KEDPLASMA; 7.5% Cap Rate

Property size:
34,357 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This investment opportunity presents a 34,357 square-foot, single-tenant net-leased medical office building in downtown El Paso, Texas. The property is 100% occupied by KEDPLASMA, a leading global plasma collection company, under a lease commencing November 1, 2018, and expiring October 31, 2033, with three 5-year renewal options. The lease includes a 10% rent increase every five years. The building, constructed in 1949, sits on a 0.29-acre lot at a high-traffic intersection in a densely populated area, boasting over 26,200 vehicles per day on Paisano Drive and proximity to Interstate 10 (187,000 VPD). The location benefits from its proximity to the University of Texas at El Paso (24,000 students) and The Hospitals of Providence Memorial (500-bed hospital), serving a population of over 108,000 within a five-mile radius (excluding Ciudad Juárez). Ciudad Juárez, with its 1.5 million residents, further enhances the property's market potential. The average household income within five miles is $57,768. The property offers a strong 7.50% cap rate and a substantial net operating income (NOI) of $262,992, making it an attractive investment in a tax-free state. The asking price is $3,506,560. This is an e-commerce resistant, essential business with a long-term lease and significant upside potential.

Property Features for 313 Stanton St

General Information

Property type
Medical space
Square Feet
34,357 SF
Lot Size
12,632 SF

Building Details

Year Built
1949

HighLights

  • $3,506,560 asking price for a 34,357 SF net‑leased medical/plasma donation center.
  • 7.50% cap rate with a strong, creditworthy tenant (KEDPLASMA).
  • Located in downtown El Paso, TX, offering excellent visibility and access.
  • Long‑term lease (8.9 years remaining) with 10% rent bumps every five years and three five‑year renewal options.
  • E‑commerce resistant, essential business in a high‑traffic area with strong demographics.
Property Profile Location Intelligence

Current Use by Public Records

KEDPLASMA El Paso ... Blood Bank

Suggested Use

Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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
-106.4854062
Latitude
31.7560158

FAQs

What type of property is this?
Medical space - Net-leased KEDPLASMA; 7.5% Cap Rate
Where is this medical space located?
The property is located at 313 Stanton St El Paso, TX.
What is the asking price?
The asking price for this property is $3,506,560.
What are key features of this property?
This property features: $3,506,560 asking price for a 34,357 SF net-leased medical/plasma donation center.; 7.50% cap rate with a strong, creditworthy tenant (KEDPLASMA).; Located in downtown El Paso, TX, offering excellent visibility and access.
More about this property
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