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Listed by Cap Rate Real Estate Group
$950,000
Est. payment /mo
9,147 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,147 sqft
Price per Sqft $103
Subdivision Bassett
MLS Listing ID 913378
Annual Tax Amount $12,066
Lot Size 9,147 Sqft
Acres 0.21
Source Greater El Paso Association of REALTORS®
Property Description
Discover an exceptional investment opportunity at 2417 E Yandell in El Paso, Texas. This ±7,400 SF professional office building offers a strong combination of income, stability, and long-term potential in a prime central location just minutes from Downtown, I-10, the port of entry, and major thoroughfares.
The property includes two office suites and a 1,258 SF warehouse leased to a stable public entity through 2030, creating dependable income for investors.
Additional lease protections help reduce risk and support long-term performance. The tenant is responsible for property tax increases above the base year, along with utilities and interior maintenance, and the lease includes two 5-year renewal options with 5% rent escalations at each extension. Priced at $950,000, the property offers Year 1 NOI of $76,800 and an 8.08% cap rate, making it a compelling income-producing asset in a highly accessible location.
The property includes two office suites and a 1,258 SF warehouse leased to a stable public entity through 2030, creating dependable income for investors.
Additional lease protections help reduce risk and support long-term performance. The tenant is responsible for property tax increases above the base year, along with utilities and interior maintenance, and the lease includes two 5-year renewal options with 5% rent escalations at each extension. Priced at $950,000, the property offers Year 1 NOI of $76,800 and an 8.08% cap rate, making it a compelling income-producing asset in a highly accessible location.
Location
State TX
County El Paso
Community Bassett
Zoning C4
Interior
Heating Central
Cooling Refrigerated
Fireplaces Number 9000
Fireplace Yes
Exterior
Parking Features On Street
Building
Story 1
Sewer Public Sewer
Water City
Level or Stories 1
Others
Tax ID B20299908906100 V2
Acceptable Financing See Remarks, Cash
Listing Terms See Remarks, Cash
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