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Piedras Rehabilitation Clinic | 100% Occupied 1351 N Zaragoza Rd

4,032 SF 4-Star Office Building El Paso, TX 79936 $1,459,994 CAD ($362 CAD/SF)

Investment Highlights

  • Secure Investment: Single-Tenant Healthcare Investment | NNN Lease Structure (Minimal Landlord Responsibilities)
  • Superior Accessibility: Easy Access & Exposure to major thoroughfares (Interstate 10, N Zaragoza Road, and George Dieter Drive)
  • Guarantee: Personally-Guaranteed Lease
  • Newly-Constructed Building: The Facility was developed in 2022, offering modern fixtures, amenities, and infrastructure
  • Prime Location: Located in the established Palo Verde Business Park and adjacent to other major Users (Hanger Clinic: Prosthetics & Orthotics, etc.)
  • Occupancy: Fully-Occupied Medical Office Building (MOB) with 8+ Years Remaining on Initial Term

Executive Summary

Prominently located in the established Palo Verde Business Park surrounded by major hospital
centers, professional medical offices, and clinics.
Property Highlights:
• Total Lot Size: 0.38 Acres (16,740.11 SF)
• Total Building Size: 4,032 SF
• Year Built: 2022
• Zoning: C–4 (Heavy Commercial)
• Parking: 4.96 Spaces / 1,000 SF (20 Spaces)
• Palo Verde Business Park – Include:
Hanger Clinic: Prosthetics & Orthotics
C Care Cardiovascular Care Center
Early Bird Pediatric Therapy
Texas Medical and Psychiatric Associates PLLC.
Your Life Chiropractic
Lollopops2 Daycare & Learning Center
Location Highlights:
• Prominently located in the established Palo Verde Business Park surrounded by hospital
centers, professional medical offices, and clinics.
• Traffic counts:
N Zaragoza Road: 23,521 VPD
George Dieter Drive: 22,046 VPD
(Source: TxDOT AADT 2023)
• ±1.0 miles to Interstate 10
• ±2.5 miles to Loop 375
• ±8.6 miles to El Paso International Airport (ELP)
Financials:
• 2024 NOI: $72,000.00
• Sales Price: $1,030,000.00
• Ownership: Fee Simple (Building & Land [Condominium])

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,032 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
2022/2023
Price
$1,459,994 CAD
Price Per SF
$362 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,032 SF
Building FAR
0.24
Land Acres
0.38 AC
Zoning
C-4 - Heavy Commercial
Parking
20 Spaces (4.96 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Bio-Tech/ Lab Space
  • Controlled Access
  • Concierge
  • Conferencing Facility
  • Courtyard
  • Fitness Center
  • Property Manager on Site
  • Security System
  • Signage
  • Skylights
  • Wheelchair Accessible
  • Reception
  • Storage Space
  • Monument Signage
  • Outdoor Seating
  • Air Conditioning
  • Fiber Optic Internet

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Piedras Rehabilitation Clinic, LLC.
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Piedras Rehabilitation Clinic, LLC. Health Care and Social Assistance 99,999 SF - Lorem Ipsum -
  • Listing ID: 33922732

  • Date on Market: 2024-11-19

  • Last Updated:

  • Address: 1351 N Zaragoza Rd, El Paso, TX 79936

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