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5869 Waycross Ave
El Paso, TX 79924 Dolphin

$2,667,717 USD

Warehouse For Sale  •  22,300 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 22,300 SF
  • Lot Size 1.8 AC
  • Building Class C
  • Year Built 1986
  • Tenancy Single
  • Zoning Commercial
23 Transit Score
42 Walk Score

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

Property Flyers

Amenities

  • Fenced Lot
  • Security System

Public Transportation

AirportDriveWalkDistance
El Paso International 22 min - 10.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 78
Type: Surface
Included in Rent: Yes
Lior Regenstreif 818-907-9525 NNN Investment Group of Marcus & Millichap
Lior Regenstreif 818-907-9525 NNN Investment Group of Marcus & Millichap