Log In/Sign Up
Your email has been sent.
Pellicano Business Park 5 Properties Offered at $12,000,000 in El Paso, TX
Investment Highlights
- A &B were built 2003. Bldgs C,D and E were built in 2005.
- Very well located property. High traffic flow and high demand. Two blocks from Sams Club.
- 65 rental suites on 6 acres
Executive Summary
These shallow Bay office/warehouse suites lease up fast and for slightly more than the vacating tenants. Cap rate are numbers from 2025. Most leases are 1-2 yr terms with one yr extensions. So base rent has small yearly increases. We keep rents very reasonable because management wants low turn over. Many long term tenants. This is almost always 100% full. A simple equalization of current rents should get cap rate to 7.6% or better. Regular small increases begin Feb-Mar.
Costar has building land size incorrect. Buyer to cooperate with sellers 1031 exchange into buildable industrial land in DFW.
Climate in Southwest Texas is WARM and DRY with stunning sunsets. People here are nice. This income property is a wonderful business. The vendor is in 19th year of ownership looking to cut down work load and traveling.
Costar has building land size incorrect. Buyer to cooperate with sellers 1031 exchange into buildable industrial land in DFW.
Climate in Southwest Texas is WARM and DRY with stunning sunsets. People here are nice. This income property is a wonderful business. The vendor is in 19th year of ownership looking to cut down work load and traveling.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $12,000,000 | Status | Active |
| Price / SF | $147.31 / SF | Number of Properties | 5 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 7.21% | Total Building Size | 81,460 SF |
| Sale Type | Investment | Total Land Area | 30.08 AC |
| Price | $12,000,000 |
| Price / SF | $147.31 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 7.21% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 81,460 SF |
| Total Land Area | 30.08 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Building C
11601 Pellicano Dr, El Paso, TX 79936 |
Flex | 17,520 SF | 2005 | - |
|
Building B
11601 Pellicano Dr, El Paso, TX 79936 |
Industrial | 21,120 SF | 2003 | - |
|
Building D
11601 Pellicano Dr, El Paso, TX 79936 |
Industrial | 14,680 SF | 2005 | - |
|
Building E
11601 Pellicano Dr, El Paso, TX 79936 |
Industrial | 9,240 SF | 2005 | - |
|
Building A
11601 Pellicano Dr, El Paso, TX 79936 |
Retail | 18,900 SF | 2003 | - |
1 1
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Colling Group, LLC
Pellicano Business Park
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.