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- LoopNet Team
1458 N Lee Trevino Dr
El Paso, TX 79936
Interceramic USA Full Triple Net Investment · Flex Property For Sale
Investment Highlights
- Prime Corner of Lee Trevino and Bessemer with a traffic count of more than 35,000 cars per day and 1.729 Acres of property
- Large Gated Yard for storage on the entire property ot can be reconfigured to accommodate multiple uses.
- National Corporate Tenant has been in the same spot since 1999 and has a current lease until 2021 with Full Triple Net Responsibilities.
PROPERTY FACTS
About 1458 N Lee Trevino Dr , El Paso, TX 79936
Full Triple Net Lease with a Corporate Credit Tenant on a lease till 2022. Asking Price: $2,150,000.00 Current Cap Rate Year 1: 8.65 1458 Lee Trevino is located in the heart of East El Paso. The property is 100% occupied and anchored by the Interceramic which commenced their lease in the property in 1999 and has been there ever since. The current lease expiration is March 2022. The property consist of an entire block of land on Bessemer and consists of 1.729 Acres (73,315 sq ft) with 28,000 sq ft of retail and warehouse space. The entire property is fenced and gated for storage and security. The surrounding area is full of local retail and is one of the busiest streets and areas in El Paso. Within two miles include there are eateries, shopping and entertainment venues with additional apartment housing and homes. Some major retailers in the areas are Sams Club, Home Depot, Group One, Ep Fitness and many more services. About the Tenant: Interceramic has been an industry leader in manufacturing innovative ceramic and porcelain tile in North and Central America for over 35 years. The Interceramic brand was founded in Mexico, and has flourished into one of the strongest and most well known brands in Central America. In 1994 Interceramic entered the United States market, further cementing global recognition as a leading manufacturer of quality products and unparalleled service. At the core of Interceramic’s values is the unwavering commitment to INNOVATION. Since it’s inception, Interceramic has strived to design and create groundbreaking products while maintaining unmatched QUALITY and production standards. The strong decades-long partnerships with European technology, raw material, and design partners ensure that Interceramic will remain at the cutting edge of the industry. As one of the largest manufacturers in North and Central America, Interceramic is proud to have established 10 manufacturing facilities with production capacity in excess of 450 million square feet annually. Interceramic employs and maintains nearly 2500 full time manufacturing positions in the Chihuahua, Mexico and Garland, Texas facilities. Additionally, Interceramic is committed to SERVICE the North and Central American customer and has established an extensive distribution system in the United States that includes 13 company owned showrooms, 3 distribution centers and 53 independent distributors throughout the US and Canada, as well as over 300 retail locations throughout Mexico, Asia and Central America. Interceramic’s dedication to manufacturing and distributing innovative ceramic and porcelain tile, accents, decos, and natural stone will continue to make affordable luxury floor coverings available to an ever growing market. Quality. Innovation. Service. Website http://interceramicusa.com/ Industries Building Materials Company size 1001-5000 employees Headquarters Carrollton, TX Type Public Company Founded 1979 Specialties Ceramic Tile, Porcelain Tile, Natural Stone, Glass Tile, Manufacturing, Mosaics, Made in the USA, Building Materials, Product Design, Decorative Tile, Flooring Products, Wall Tile, Floor Tile
Links
PROPERTY TAXES
Parcel Number | V893-999-1580-0800 | Improvements Assessment | $322,096 |
Land Assessment | $616,904 | Total Assessment | $939,000 |
PROPERTY TAXES
zoning
Zoning Code | C4 (Commercial) |
C4 (Commercial) |
Listing ID: 19220163
Date on Market: 4/14/2020
Last Updated:
Address: 1458 N Lee Trevino Dr, El Paso, TX 79936
The Flex Property at 1458 N Lee Trevino Dr, El Paso, TX 79936 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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