This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1225 E Cliff Dr
El Paso, TX 79902
Fresenius Anchored Medical Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Multi-Tenant Medical Office Building in El Paso, TX- The 6th Most Populous City in Texas
- Dense Retail Corridor; More Than 750,000 SF of Retail Within 5 miles of Subject Property
- Recent Property Renovation Totaling More Than $300,000 Commitment to Current Location
- Anchored by Fresenius Medical Care
- Close Proximity to Several Hospitals; More Than 1,000 Staffed Beds
PROPERTY FACTS
AMENITIES
- 24 Hour Access
ABOUT 1225 E CLIFF DR , EL PASO, TX 79902
Colliers International is pleased to present an investment opportunity for 1225 E. Cliff Drive, El Paso TX. Developed in 1994 and recently renovated with tenant improvements, this property is home to three (3) tenants across three (3) buildings totaling 29,032 rentable sf. The facility is anchored by Fresenius Medical Care (Baa3 credit rating) and La Familia del Paso, operating in 13,555 sf and 13,070 sf respectively. The tenant-mix provides nephrology, podiatry and mental health services all under one roof. All leases are double net, have a weighted average lease term of 7 years remaining,and have a weighted average rate that is $1 PSF below market. The 100% leased plaza is less than one mile from Interstate 10 and is surrounded by six major hospitals: The Hospitals of Providence Memorial Campus, The Hospitals of Providence Sierra Campus, La Palmas Medical Center, The Kindred Hospital El Paso, University Medical Center of El Paso, and El Paso Children's Hospital.
PROPERTY TAXES
| Parcel Number | E560-999-0010-0100 | Improvements Assessment | $1,795,757 |
| Land Assessment | $638,735 | Total Assessment | $2,434,492 |
PROPERTY TAXES
