Listed by Colliers - El Paso, Texas
$2,984,000
45,000 SF Warehouse Investment Property
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 45,000
Net Rentable (SqFt) 45,000
Occupancy 100%
Rent Bumps Yes
Price per SqFt $66
Buildings 1
Stories 1
Acreage 1.116
45,000 SqFt Warehouse Investment Opportunity
Marketing description
The property located at 2015 E Mills, El Paso, TX 79901, encompasses approximately 1.1163 acres with a building area of 45,000 SF, fully leased at an annual rent of $238,771.80 under a NN lease with the owner responsible for building insurance, and includes a 2% annual rent increase. The current lease has 6 months remaining on a 1-year term, and the rent is below market value, indicating potential growth opportunity. The lease is guaranteed by Builder’s Source Inc.
Investment highlights
Great Location
Easy access to I10
Very desirable industrial area
Listing Contacts
Listed by Colliers - El Paso, Texas
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?
