1514 Zaragoza Rd Ste A4 El Paso, TX 79936-8040

This exceptional 7,800 square foot, single-story office building in El Paso, Texas presents a compelling investment opportunity. Located at 1514 N Zaragoza Rd, Bldg B, 79936, within a well-maintained 12-acre master-planned commercial subdivision and condominium owner's association, this property boasts a 7.30% cap rate and is currently 100% occupied by four tenants. Built in 2007 and renovated in 2023, the Class B building features a modified gross lease structure with tenant pass-throughs on expenses. Amenities include covered parking, refrigerated air, private entrances, and individually metered gas and electricity. The property is zoned C3 and offers a stable rent roll with strong tenants under multi-year leases. The asking price is $1,711,000 ($219.36/sq ft). This is a rare opportunity, as the property hasn't been on the market for nearly 15 years. The occupancy date is December 1, 2023. This stabilized investment is ideal for buyers seeking a strong return in a desirable El Paso location.