Property summary
This exceptional investment opportunity presents a 33,600 square foot industrial complex in El Paso, Texas. The property consists of two single-story buildings totaling 33,600 square feet on a 4.26-acre lot, zoned C-4. Building one, at 17,600 square feet, features warehouse space and nine offices, with a 3-5 year lease already in place. Building two comprises four 4,000 square foot units, offering significant rental potential at an anticipated $15 per square foot. The property boasts 147 parking spaces and an 18-foot ceiling height. The asking price is $4,899,999, representing a 9.60% cap rate and a $480,000 net operating income (NOI). The property is situated on a prime corner lot at 10100 Railroad Dr, El Paso, TX 79924, offering excellent visibility and accessibility. The lease type is NNN, with a five-year term commencing January 1, 2025, and expiring January 1, 2028. Complete permit plans and proforma are available. There is also the option to purchase each building separately. This is a multi-tenant property with five total units, built in 2024.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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