1351 N Zaragoza Rd - Medical FOR SALE


El Paso, TX 79936
$1,400,000 USD
760-520-5932
1351 N Zaragoza Rd, El Paso, TX for Sale
$1,400,000 USD
Medical - FOR SALE
1/12
null | 6% Cap Rate

1351 N Zaragoza Rd
El Paso, TX 79936


HIGHLIGHTS

  • New 7-Year Lease | Options to Extend | Scheduled Rental Increases | Corporate Guarantee | Credited and Established National Tenant
  • NNN Lease | 100% Leased | Fee Simple Ownership | Minimal Landlord Responsibilities | No State Income Tax
  • Newly-Constructed Medical Office Building (MOB) | Built Out in 2024 | Boasts Modern Fixtures, Amenities, and Infrastructure
  • Conveniently Situated Between Two of El Paso's Busiest Thoroughfares | Surrounded by Major Hospitals & Medical Users | Dense Retail Trade Area
  • Easy Accessibility to Interstate 10 | Located in the Established Palo Verde Business Park | Positioned in the Region's Most Densely Populated Area
  • Hanger, Inc. is the Nation's Leading Provider of Orthotic & Prosthetic (O&P) Patient Care Services & Products, with 925+ Locations & 6,400+ Employees

OVERVIEW

Property Highlights • Total Building Size: 3,575 SF • Total Lot Size: 0.33 acres (14,428 SF) • Year Built/Renovated: 2022 / 2024 • Zoning: C–4 (Heavy Commercial) • Parking: 5.03 / 1,000 SF (18 spaces) • Signage: Prominent building signage with exposure from N. Zaragoza Road • Palo Verde Business Park: C Care Cardiovascular Care Center El Paso Vein Doc Early Bird Pediatric Therapy Texas Medical and Psychiatric Associates PLLC • Neighboring Tenants: UMC Surgical Hospital East Las Palmas Rehabilitation Hospital East Providence Surgical Associates Foundation Surgical Hospital of El Paso Location Highlights • Site is prominently located in the established Palo Verde Business Park surrounded by hospital centers, medical plazas, professional medical offices and clinics. • ±1.0 miles to Interstate 10 • ±2.5 miles to Loop 375 • ±8.2 miles to El Paso International Airport (ELP) • Easy access to: N. Zaragoza Road: 23,521 VPD George Dieter Drive: 22,046 VPD Interstate 10: 165,013 VPD (Source: TxDOT AADT 2023) Financials • 2025 NOI: $84,000.00 • Sales Price: $1,400,000.00 • Ownership: Fee Simple (Building & Land)

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$392 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hanger Clinic: Prosthetics & Orthotics

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

R&D, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

C - 4

APN/PARCEL ID

L188-999-0010-0300

ASK ABOUT THIS PROPERTY

Erik J. AndersonCushman & Wakefield | PIRES InternationalMore Info
760-520-5932

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Erik J. AndersonCushman & Wakefield | PIRES InternationalMore Info
760-520-5932

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.