Investment Sale

Office for Sale
Catylist Listing ID: 30702234
Property Subtypes: Net Leased, Office Building
Building Size (RSF): 50,000 SF
Gross Building Area: See Agent
Gross Land Area: 7.18 Acres
Sale Price: $10,291,666
Unit Price: $205.83 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class A
Sale Terms: Other
Cap Rate: 6.0%
Last Updated: 4/28/2021

Overview / Comments

CBRE, Inc. is pleased to exclusively offer for sale this single-tenant call center facility located in El Paso, Texas (“The Property”). Fully leased to Spectrum Cable, the Property has a total building area of 50,000 SF and is situated on 7.18 acres. The investment features a triple-net lease with limited landlord responsibilities. Spectrum Cable is a leading broadband connectivity company and cable operator and the Property provides technical support to these operations.

Additional Details

Nearest MSA: El Paso
County: El Paso
Tax ID/APN: V89399944900550
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 50,000 SF
Year Built: 2006
Construction/Siding: Concrete - Tilt up
Parking Type: Surface
Parking Description: 356 auto spaces 5 handicap spaces 4 electrical charging stations

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,407 124,643 309,849
Median Age: 31.14 32.87 32.22
Households: 6,305 40,016 97,425

Contact

Photograph of Listing Agent

Chadwick McCleskey

CBRE, Inc. Border CIE Member
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