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Two Retail Spaces 404-406 Sixth Ave

3,860 SF 50% Leased Industrial Building El Paso, TX 79901 $430,767 CAD ($111.60 CAD/SF) 8.98% Cap Rate

Warehouses Texas El Paso 404-406 Sixth Ave, El Paso, TX 79901

INVESTMENT HIGHLIGHTS

  • Currently 50% Occupied, Current Tenant will Pay $1,500.00./ per month for 2 More Years
  • 2 Blocks Away from International Crossing
  • Total Building Area: 3,640
  • 2 Retail Spaces with Great Visibility to Stanton Street.
  • 2024 Property Taxes: $8,055.00

FINANCIAL SUMMARY (PRO FORMA - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $51,692 $13.39
Other Income - -
Vacancy Loss - -
Effective Gross Income $51,692 $13.39
Taxes $11,566 $3.00
Operating Expenses $1,436 $0.37
Total Expenses $13,002 $3.37
Net Operating Income $38,690 $10.02

FINANCIAL SUMMARY (PRO FORMA - 2024)

Gross Rental Income (CAD)
Annual $51,692
Annual Per SF $13.39
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $51,692
Annual Per SF $13.39
Taxes (CAD)
Annual $11,566
Annual Per SF $3.00
Operating Expenses (CAD)
Annual $1,436
Annual Per SF $0.37
Total Expenses (CAD)
Annual $13,002
Annual Per SF $3.37
Net Operating Income (CAD)
Annual $38,690
Annual Per SF $10.02

PROPERTY FACTS

Price $430,767 CAD Rentable Building Area 3,860 SF
Price Per SF $111.60 CAD No. Stories 1
Sale Type Investment or Owner User Year Built/Renovated 2004/2020
Cap Rate 8.98% Clear Ceiling Height 12’
Property Type Industrial No. Dock-High Doors/Loading 2
Property Subtype
Warehouse
  • General Retail Storefront
  • General Retail Storefront Retail/Office
  • General Retail Department Store
 No. Drive In / Grade-Level Doors 2
Building Class B Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size 0.09 AC
Price $430,767 CAD
Price Per SF $111.60 CAD
Sale Type Investment or Owner User
Cap Rate 8.98%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Storefront
  • General Retail Storefront Retail/Office
  • General Retail Department Store
Building Class B
Lot Size 0.09 AC
Rentable Building Area 3,860 SF
No. Stories 1
Year Built/Renovated 2004/2020
Clear Ceiling Height 12’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Wheelchair Accessible
  • Accent Lighting

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

LINKS

1 of 1
Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number C050-999-0760-5500 Total Assessment $308,350 CAD (2023)
Land Assessment $54,383 CAD (2023) Annual Taxes $11,566 CAD ($3.00 CAD/SF)
Improvements Assessment $253,966 CAD (2023) Tax Year 2024

PROPERTY TAXES

Parcel Number
C050-999-0760-5500
Land Assessment
$54,383 CAD (2023)
Improvements Assessment
$253,966 CAD (2023)
Total Assessment
$308,350 CAD (2023)
Annual Taxes
$11,566 CAD ($3.00 CAD/SF)
Tax Year
2024

ZONING

Zoning Code C-1 (Neighborhood Commercial)
C-1 (Neighborhood Commercial)
(915) 479-5151

CONTACTS

  • Listing ID: 32721637

  • Date on Market: 2024-08-07

  • Last Updated:

  • Address: 404-406 Sixth Ave, El Paso, TX 79901

The Downtown El Paso Industrial Property at 404-406 Sixth Ave, El Paso, TX 79901 is currently available. Contact Team Juan Uribe LLC for more information.

INDUSTRIAL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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Current rented space
404-406 Sixth Ave, El Paso, TX for sale Building Photo- Image 4 of 7
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Two Retail Spaces | 404-406 Sixth Ave
(915) 479-5151 x

Two Retail Spaces | 404-406 Sixth Ave

1/3

Juan Uribe

(915) 479-5151

(915) 479-5151

Fabian Uribe

(915) 585-0007

x105

(915) 585-0007 x105

Sebastian Alcazar, CCIM

(915) 478-9905

(915) 478-9905

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