$5,970,014 USD
332-345-4202
801 Sunland Park Dr
El Paso, TX 79912
Sunland Park North
HIGHLIGHTS
- Absolute Triple-Net (NN) Lease | Zero (0) Landlord Responsibilities
- The tenant is subject to an absolute triple-net lease with zero landlord responsibilities, offering a prospective
- Strong Site Commitment | ODP Corporation (NASDAQ: ODP) Organized The Sale Leaseback Of This Site And Eight (8) Other Office Depot Locations In 2008
- 32+ Year Operating History | Tenant Reports Strong Store Sales | Contact The Listing Agents For More Details
OVERVIEW
Surmount is pleased to present the exclusive listing for a Office Depot located at 801 Sunland Park Drive, El Paso, Texas 79912. The site consists of roughly 25000 rentable square feet of building space on an estimated 1.6-acre parcel of land. This Office Depot is subject to a 21-year Triple Net (NNN) lease, which commenced 9/15/2008. The current annual rent is $417,901 and has scheduled increases of 10.00% In Options.
FOR SALE DETAILS
PRICE
$5,970,014 USD
PRICE/SF
$299 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Office Depot
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1992
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.65 AC
LAND SF
71,847 SF
ZONING
C3S
APN/PARCEL ID
C815-999-0010-0130
ASK ABOUT THIS PROPERTY
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332-345-4202
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332-345-4202
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