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Loomis U.S. | Secure Armored Cash Management 5869 Waycross Ave 22,300 SF Industrial Building El Paso, TX 79924 $2,667,717 ($119.63/SF) 6.35% Cap Rate

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INVESTMENT HIGHLIGHTS

  • ABSOLUTE NNN LEASE: Ideal passive investment opportunity, backed by a true triple-net lease with zero financial landlord responsibilities
  • TERM & RENT INCREASES: Five years remaining on the base term, with three 5-year renewal options, where rent is to be increased to market rate
  • STRATEGIC EL PASO LOCATION: One of the Southwest’s most active logistics hubs fueled by cross-border trade and easy access to major transportation
  • INVESTMENT-GRADE TENANT: Loomis is a nationally recognized cash-management and secure-logistics operator with a BBB S&P Credit Rating
  • TEXAS TAX BENEFITS: Texas has no personal or corporate income tax which enhances overall investor yield and long-term return potential
  • STEADY LABOR POOL & DIVERSE ECOMONY: Supported by consistent industrial demand, international commerce and major federal and defense employers

EXECUTIVE SUMMARY

This investment offers an ideal passive opportunity with an absolute triple net lease requiring zero financial responsibilities from the landlord. Loomis is a nationally recognized cash management and secure logistics operator with an investment grade credit profile and a long history of stable performance. The lease has five years remaining on the base term and includes three five-year renewal options with rent adjusted to market rates. Located in the heart of El Paso, one of the Southwest’s most active logistics hubs, the property benefits from strong cross-border trade, access to major transportation routes, and a resilient local economy supported by a steady labor pool and major federal and defense employers. Additionally, Texas’s lack of personal and corporate income tax enhances overall investor yield and long-term return potential.

PROPERTY FACTS

Price $2,667,717
Price Per SF $119.63
Sale Type Investment NNN
Cap Rate 6.35%
Sale Conditions
1031 Exchange
  • Lease Option
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Service Station
  • Industrial Distribution
  • Industrial Service
Building Class C
Lot Size 1.80 AC
Rentable Building Area 22,300 SF
No. Stories 1
Year Built 1986
Tenancy Single
Parking Ratio 3.5/1,000 SF
No. Drive In / Grade-Level Doors 2
Zoning Commercial - Commercial

AMENITIES

  • Fenced Lot
  • Security System

UTILITIES

  • Lighting
  • Water

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Finance and Insurance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

As the largest integrated cash distribution network in the United States—with nearly 200 locations, 9,000+ employees, and 3,000+ vehicles—they are proud to provide cash-handling products and services to financial institutions and commercial/retail businesses nationwide. With American roots established during the Gold Rush, they continue to provide reliable transport, just as their founding fathers did for the pioneers. A merger in 2001 provided the opportunity to expand operations into Europe, and today their network includes 400+ locations operating in 23 countries. Explore the link below to learn how Loomis has shaped the cash management industry.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Finance and Insurance 99,999 SF - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • S554-999-0010-9200
  • S554-999-0010-8100
Land Assessment
$156,601
Improvements Assessment
$1,289,780
Total Assessment
$1,446,381
  • Listing ID: 38625494

  • Date on Market: 12/2/2025

  • Last Updated:

  • Address: 5869 Waycross Ave, El Paso, TX 79924

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