5869 Waycross Ave - Warehouse FOR SALE
El Paso, TX 79924 |
5869 Waycross Ave
El Paso, TX 79924
HIGHLIGHTS
- ABSOLUTE NNN LEASE: Ideal passive investment opportunity, backed by a true triple-net lease with zero financial landlord responsibilities
- INVESTMENT-GRADE TENANT: Loomis is a nationally recognized cash-management and secure-logistics operator with a BBB S&P Credit Rating
- 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
- TEXAS TAX BENEFITS: Texas has no personal or corporate income tax which enhances overall investor yield and long-term return potential
- STRATEGIC EL PASO LOCATION: One of the Southwest’s most active logistics hubs fueled by cross-border trade and easy access to major transportation
- STEADY LABOR POOL & DIVERSE ECOMONY: Supported by consistent industrial demand, international commerce and major federal and defense employers
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Loomis U.S. | Secure Armored Cash Management
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
ADD'L SUBTYPES
Service Station, Distribution, Service
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1986
UTILITIES
Lighting, Water
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
2
PARKING SPACES
78
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
S554-999-0010-8100
