EL PASO WAREHOUSE

7320 Alameda Ave, El Paso, TX 79915
$1,975,000

Units
5
Gross SQFT
15,600
Year Built
1979
NOI
$153,000
Property Type
Industrial

INVESTMENT HIGHLIGHTS

  • VALUE ADD OPPORTUNITY
  • 100% LEASED
  • DIVERSE TENANT MIX
  • SHORT TERM UNDER VALUED LEASES
  • BUILDINGS: (1) ±10,000 SF & (2) ±5,600 SF OF SPACE
  • LEASE STRUCTURE: MODIFIED GROSS
  • RENTAL INCOME: CURRENT ANNUAL RENT OF $189,000 WITH NO ANNUAL INCREASES
  • ENVIRONMENTAL: EXPECTED CLEAN PHASE 1. NO WASTE ON PROPERTY
  • Mike Salik (in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code).”

Broker of Record

  • Patrick Graham
  • License No. 9005919 (TX)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 8300 Douglas Ave.,
    Ste. 750, Dallas, TX 75225
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