220 Thunderbird Dr El Paso, TX 79912-3922
This 8,000 square foot Class C office building presents a fantastic opportunity for multi-tenant occupancy. Located at 220 Thunderbird Dr, El Paso, TX 79912, this property enjoys a highly visible position on Thunderbird Street, situated between Mesa Avenue and Shadow Mountain Avenue in the heart of El Paso's west side. The building is currently 85% occupied under a gross lease structure. The traditional office space is ideal for a variety of businesses seeking a well-located and established presence in a thriving area of El Paso. The property's central location offers easy access to major thoroughfares, providing excellent accessibility for employees and clients alike. With its substantial square footage and existing tenant base, this building offers immediate income potential and significant upside for future growth. The property is situated in El Paso County, Texas, and provides a solid investment opportunity in a dynamic market. This multi-tenant building offers a diverse range of possibilities for investors seeking a stable and profitable commercial real estate asset. Further details are available upon request.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
A0 · El Paso, TXCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.