122 And 116 W Castellano
Office | 7.00% CAP | 5,345 SqFt
Marketing description
Exceptional investment opportunity in El Paso, TX! This fee simple sale offers two separate buildings across the parking lot from each other with an established Medical Imaging company as the Tenant. Combined, there is 5,345 SF building on .44 AC of land. With its C3 zoning, this property sits within a densely populated area and a high barrier to entry. This property provides a reliable income stream for prospective investors.
Located in the vibrant Central/West market of El Paso, TX, the area surrounding the property at 122 and 116 W Castellano offers a compelling blend of retail, office, and rooftops. In close proximity, investors will find prominent medical facilities, including Tenet, HCA, and UMC hospitals. Montecillo multi use development is directly adjacent. This immediate area is known for a high barrier to entry and rarely are buildings for sale in this area.
Investment highlights
- Established Imaging Company with 5 El Paso locations
- Excellent Location and Strong Operating History
- NNN Investment (Landlord only responsible for Roof and Structure)
- Dense Area with High Barriers to Entry
- Stable Asset (Tenant has been in this location over 20 years)
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