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Warehouse NNN Sale Leaseback 1525 Magoffin Ave 18,540 SF Industrial Building El Paso, TX 79901 $1,390,500 ($75/SF) 6.04% Cap Rate
INVESTMENT HIGHLIGHTS
- 18,540 Square Feet Warehouse with Rail Spur Access
- Great Sale Leaseback NNN Opportunity
- Close Proximity to I-10 and Downtown El Paso
- 2024 Taxes: $7,255.10
PROPERTY FACTS
| Price | $1,390,500 | Rentable Building Area | 18,540 SF |
| Price Per SF | $75 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1950 |
| Cap Rate | 6.04% | Tenancy | Single |
| Sale Condition | Sale Leaseback | Clear Ceiling Height | 16’ |
| Property Type | Industrial | No. Dock-High Doors/Loading | 1 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C | Cross Streets | N Lee |
| Lot Size | 0.49 AC | ||
| Zoning | M1 - Light industrial/light manufacturing approved in city of El Paso | ||
| Price | $1,390,500 |
| Price Per SF | $75 |
| Sale Type | Investment |
| Cap Rate | 6.04% |
| Sale Condition | Sale Leaseback |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.49 AC |
| Rentable Building Area | 18,540 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Tenancy | Single |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 2 |
| Cross Streets | N Lee |
| Zoning | M1 - Light industrial/light manufacturing approved in city of El Paso |
AMENITIES
- 24 Hour Access
- Bus Line
UTILITIES
- Lighting
- Gas
- Water - City
- Sewer - City
- Heating - Gas
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Walk Score®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | C849-999-0700-2900 | Improvements Assessment | $285,454 |
| Land Assessment | $51,546 | Total Assessment | $337,000 |
PROPERTY TAXES
Parcel Number
C849-999-0700-2900
Land Assessment
$51,546
Improvements Assessment
$285,454
Total Assessment
$337,000
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Warehouse NNN Sale Leaseback | 1525 Magoffin Ave
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