Catylist ID:
#30716333
| Catylist Listing ID: | 30716333 |
| Property Subtypes: | Free-Standing, Warehouse/Distribution |
| Building Size (RSF): | 41,612 SF |
| Gross Land Area: | 5 Acres |
| Sale Price: | See Agent |
| Docks/Doors: | 6 Docks |
| In Opportunity Zone? | Yes |
| Property Use Type: | Net Leased Investment (NNN) |
| Usable Size (USF): | 41,612 SF |
| Sale Terms: | Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/26/2021 |
Overview / Comments
|
CBRE, Inc. is pleased to present this rare opportunity to acquire a ± 41,612 square foot building on 5 acres occupied by Frito Lay Rolling Sales, LP, a division of PepsiCo, Inc. The facility is currently being used by Frito Lay as a distribution facility. The opportunity offers a short term leaseback with 100% vacancy expected in 2Q 2022. The Offering • A ± 41,612 square foot building located in El Paso, Texas • Occupied by Frito Lay Rolling Sales, LP, a subsidiary of PepsiCo, Inc. through 2Q2022 • Sale lease back through April 2022 • Well maintained facility • Metal building construction with asphalt and concrete truck courts • Built in 1967, expansion in 2004 • Large lot to accommodate parking for many routes and delivery trucks |
Attachments & Media
Additional Details
| Nearest MSA: | El Paso |
| County: | El Paso |
| Tax ID/APN: | E13199901306500 |
| Site Description: | • Building Size: ± 41,612 sq. ft. (combined A & B) • Lot Size: ± 5 acres • Fire Sprinkler: ESFR • Security: Fully fenced & secured (electronic gate access) • Zoning: M-1 SC Area A • Year Built: 1967 • Warehouse Area: ± 15,602 sq. ft. • Office Area: 1st floor - ± 4,789 sq. ft. | 2nd floor - ± 2,908 sq. ft. • Construction: Metal • Clear Height: ± 18' • Column Spacing: ± 80' clear span • Dock Doors: (14) Chicago style, low boy positions • Lighting: Strip fluorescent & 4' x 4' skylights Area B • Year Built: 2004 • Warehouse Area: ± 21,221 sq. ft. • Construction: Metal • Clear Height: ± 30' • Column Spacing: ± 96' clear span • Dock Doors: 6 dock high doors, 1 ramp • Lighting: T-5 & 4' x 8' skylights |
| Area Description: | Location • Located at 7170 Industrial Avenue, El Paso, Texas • Excellent access to Interstate 10 • ± 12 miles to the Bridge of the Americas Port of Entry • ± 8 miles to the Zaragoza / Ysleta Port of Entry • The facility is strategically located in Central El Paso, The property is ± 0.21 miles South of Interstate 10 within the Eastside Industrial Area. |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Property Condition: | Good |
| Year Built: | 1967 |
| Roof Type: | Flat |
| Construction/Siding: | Metal/Glass |
| Parking Type: | Surface |
| Parking Description: | ± 103 spaces (31 auto parking & 72 route van parking) |
| Total Parking Spaces: | 103 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 15,128 | 125,480 | 274,803 |
| Median Age: | 34.61 | 36.12 | 34.61 |
| Households: | 6,037 | 43,961 | 91,604 |
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