Medical Office Building #1

Office for Sale
Catylist Listing ID: 30648331
Property Subtypes: Business Park, Medical, Office Building
Building Status: Proposed
Condo? Yes
Building Size (RSF): 6,525 SF
Gross Building Area: See Agent
Sale Price: $195 PSF
Total Price: $1,272,375
Property Use Type: Vacant/Owner-User
Building Name: Montecillo Medical Office Buildings
Class of Space: Class A
Sale Terms: Undisclosed, Build-to-Suit, Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 5/27/2021

Overview / Comments

Luxury Medical Office Development. For sale or lease. Take control of your real estate and take advantage of the favorable financing options available to you today! Divisible into 3,000 SF sections, this building is part of a group of 10 medical office buildings that will be constructed across the street from the Montecillo Resort and Event Center. Conveniently located in El Paso's premiere mixed-use community, these medical office buildings provide physicians and healthcare businesses an excellent opportunity to provide their employees and patients with an elevated experience. The Montecillo medical office buildings feature high ceilings and a high-end aesthetic. The quality of your environment has tangible affects on the health and morale of your patients and employees. Very beneficial financing options are available for physicians and the developer is very flexible and willing to help physicians through many different types of deal structures. Buildings range from 3,520 SF to 6,525 SF. Call today to find out more and reserve your building.

Additional Details

Nearest MSA: El Paso
County: El Paso
Tax ID/APN: M649999002B0640
Is Condo?: Yes
Property Located Between: N Mesa and I-10
Property Visibility: Good
Highway Access: I-10 connectivity coming soon.
Airports: 15 minutes from EPIA
Area Description: Montecillo is El Paso’s premiere mixed-use development with best in class amenities and finishes. It offers both native and new El Pasoans inspired city living with an ideal mix of residential, retail, entertainment and office options, all in a high density plan that reduces sprawl, promotes walkability, creates beautiful public spaces featuring numerous public art murals by renowned international artists, and supports intelligent transportation. Montecillo is the go-to spot for residents seeking a higher caliber of housing or for retailers looking to take advantage of the strategic in-fill location and demographics of Montecillo.
Total Number of Buildings: 10
Number of Stories: 1
Year Built: 2021
Roof Type: Flat
Construction/Siding: Stucco, Other
Exterior Description: Metal stud framing, high ceiling clearance, stucco finish with brick and rock accents.
Parking Ratio: 4.5 (per 1000 SF)
Parking Type: Surface
Parking Description: on-site parking
Total Parking Spaces: 245
Sprinklers: None
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,111 80,305 217,978
Median Age: 32.33 35.13 34.3
Households: 4,161 31,907 78,042


Photograph of Listing Agent

Memo Sotomayor

Majestic Realtors
Border CIE Member
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