Building B | 1514 N Zaragoza Rd
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Building B 1514 N Zaragoza Rd
7,800 SF 100% Leased Office Building El Paso, TX 79936 $1,711,000 ($219/SF) 7.80% Cap Rate
Investment Highlights
- 100% Expense Pass Thru/100% Leased
- Part of well-maintained commercial park.
- Ideal location at corner of Pellicano and Zaragoza.
- Stable rent roll with multi-year leases.
Executive Summary
Fully leased office building for sale in Placitas de Zaragosa. This fantastic investment opportunity is located in a lovely, well maintained 12 acre master planned commercial subdivision, and a part of a condominium owner’s association. This property has not been on the market in nearly 15 years. All leases are modified gross with pass thru’s to tenants on expenses. Excellent condition, stable rent roll with strong tenants on multi-year leases.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,800 SF
Building Class
B
Year Built
2008
Price
$1,711,000
Price Per SF
$219
Cap Rate
7.80%
NOI
$133,458
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,280 SF
Building FAR
0.17
Lot Size
1.07 AC
Zoning
C-2
Parking
32 Spaces (4.1 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Number | P862-999-00B2-0100 | Improvements Assessment | $636,390 |
Land Assessment | $137,400 | Total Assessment | $773,790 |
PROPERTY TAXES
Parcel Number
P862-999-00B2-0100
Land Assessment
$137,400
Improvements Assessment
$636,390
Total Assessment
$773,790
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Building B | 1514 N Zaragoza Rd
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