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820 E Redd Rd
El Paso, TX 79912

Office Property For Sale

Investment Highlights

  • Strong Tenant
  • Surgical Center and Medical Office
  • High population density with over 87,000 residents within a 3-mile radius
  • True NNN with Zero Landlord Responsibilities
  • Great west location
  • 5 minutes away from Interstate-10

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
22,700 SF
Building Class
B
Year Built
2016
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
22,700 SF
Building FAR
0.20
Lot Size
2.55 AC
Zoning
C-1 - Commercial
Parking
122 Spaces (5.37 Spaces per 1,000 SF Leased)

About 820 E Redd Rd , El Paso, TX 79912

The subject property is 22,700 Sq. Ft. medical development that is compressed of 3 stand-alone buildings leased to 3 tenants that include a physical therapy practice, and orthopedic practice, and a surgical center. All 3 buildings were constructed in 2015 on the shells and in 2017 and 2018 on the interior improvements. All leases are true NNN with zero landlord responsibilities. The property is located El Paso's Westside of town on busy Redd Rd. between Westwind Dr. and Resler Dr. and just 5 minutes away from Interstate-10. The building sits across from Franklin High School and its surrounded by established residential, commercial, and medical developments. The Hospitals of Providence Transmountain Campus and the Texas Tech Physicians of El Paso Campus are located 4.2 miles away from this facility. El Paso is a city and the county seat of El Paso County, Texas, United States, in the far western part of the state. The 2018 population estimate fo the city from the U.S. Census was 682,669 making it the 22nd largest city in the United States. Its metropolitan area covers all of El Paso and Hudspeth counties in Texas, and has a population of 840,758. El Paso stands on the Rio Grande across the Mexico-United States border from Ciudad Juarez, the most populous city in the Mexican state of Chihuahua with 1.4 million people. Las Cruces, in the neighboring U.S. state of New Mexico, has a population of 215,579. On the U.S. side, the El Paso metropolitan area forms part of the larger El Paso-Las Cruces combined statistical area, with a population of 1,060,397.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • C340-999-1230-5350
  • C340-999-1230-5450
  • C340-999-1230-5475
Land Assessment
$810,308
Improvements Assessment
$4,678,435
Total Assessment
$5,488,743
  • Listing ID: 19374481

  • Date on Market: 4/29/2020

  • Last Updated:

  • Address: 820 E Redd Rd, El Paso, TX 79912

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