Industrial Opportunity For Sale

Industrial for Sale
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: 6/11/2021

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

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

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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

Contact

Photograph of Listing Agent

Rebecca Rojas

CBRE, Inc. Border CIE Member
Photograph of Listing Agent

Jacob Quinn

CBRE
Border CIE Member
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