Medical Building Available

Retail-Commercial for Sale
Catylist Listing ID: 30780158
Property Subtypes: Free-Standing Building, Retail-Pad, Other
Building Size (RSF): 4,502 SF
Gross Building Area: See Agent
Sale Price: $2,000,000
Unit Price: $444.25 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Usable Size (USF): 4,502 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/14/2022

Overview / Comments

This 4,500 Sq. Ft. medical office is located on the corner of N. Mesa and Rio Grande Ave. just 1 block north of the intersection with Montana Ave. and 2 blocks south of the new thriving Downtown El Paso. The building is currently leased to BHS Physicians Network, Inc. a Tenet company that signed a 5 year lease with 2 years left on their term.

Currently, Tenant pays $8,732.90 per month as Base Rent plus NNN expenses with Landlord only being responsible for structural and roof components.

The area is surrounded by medical and professional buildings to include the new administrative offices to El Paso Independent School District and El Paso Community College.

Attachments & Media

Additional Details

Nearest MSA: El Paso
County: El Paso
Tax ID/APN: H13299906709100
Zoning: S D
Retail Clientele: Business
Property Visibility: Excellent
Tenancy: Single Tenant
Property Condition: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,478 64,349 153,438
Median Age: 35.41 35.72 34.15
Households: 7,890 23,848 54,538

Contact

Photograph of Listing Agent

Sergio Tinajero

KW Commercial
Border CIE Member
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