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6901 Helen of Troy - Renova Plaza Corner Pad Site

0.6 Acres of Commercial Land Offered at $950,000 in El Paso, TX 79911

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Investment Highlights

Highly visible hard corner at major intersection
Last corner pad site in the area

Northwest El Paso's best demographic neighborhood

Executive Summary

The last developed pad site within Renova Plaza professional office park is available for sale. Build-to-Suit and Ground Lease arrangements are also considered for qualified users. This hard corner has very high visibility, strong traffic counts, easy accessibility from all parts of Northwest El Paso - Upper valley, Chaparral Park and Cimarron - and is located in one of the strongest demographic neighborhoods in the El Paso market. Be part of one of the most successful and attractive medical/professional office parks in El Paso! The pad site offered can accommodate up to 6,300sf of medical/professional office space - as shown in the attached exhibits. Each building in the project has its own deeded parcel of land, the owners cooperate under terms of a Reciprocal Parking and Access Agreement. Architectural integrity is preserved by approval of all plans by the present ownership group. Zoning is C-3 (Medium Commercial) which can accommodate a wide range of professional uses. No subdivision plat is required for construction.

Property Facts

Price	$950,000	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Commercial
Sale Conditions	1031 Exchange Ground Lease (Leased Fee) Build to Suit	Proposed Use	Retail Office Healthcare Medical
No. Lots	1	Total Lot Size	0.60 AC

Price	$950,000
Sale Type	Investment or Owner User
Sale Conditions	1031 Exchange Ground Lease (Leased Fee) Build to Suit
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Office Healthcare Medical
Total Lot Size	0.60 AC

1 Lot Available

Lot

Price	$950,000	Lot Size	0.60 AC
Price Per AC	$1,580,793.53

Price	$950,000
Price Per AC	$1,580,793.53
Lot Size	0.60 AC

Beautiful highly visible hard corner of Redd Road/Northern Pass Drive and Helen of Troy Drive in Northwest El Paso. Last developed pad site within the renowned Renova Plaza professional office park. Reciprocal parking. Fee sale preferred.

Description

Vacant pad site on hard corner of professional office park (Renova Plaza) developed over the past ten years. Mature landscaping and building architectural controls by owners. Located at intersection of two major arterials serving Northwest El Paso: Redd Road and Helen of Troy Drive. Convenient location, very high visibility. Other occupants have experienced phenomenal growth in their business and practices since moving to this "Gateway to Cimarron" location. The 26,178sf (0.6 acre) site can accommodate approximately 6,300sf of medical office (see attached site plan study), or a larger building if medical use is not intended. City code requires one parking space per 200sf of medical office. A Reciprocal Parking and Driveway Agreement controls common areas of the project. Owners would discuss a build-to-suit or ground lease arrangements with qualified occupants, as well as the outright sale presented here. Come join Northwest El Paso's premiere professional office location! (Note: EPCAD PID# shown in this offering includes existing Building D within the Renova Plaza Project - not included in this vacant corner pad site offering and will be split on sale)

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