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Listed by Team Juan Uribe
$ 2,606,400
Est. payment /mo
Active
6460 HILLER ST El Paso, TX 79925
71,874 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 71,874 sqft
Price per Sqft $36
Subdivision Out Of Area
MLS Listing ID 949247
Lot Size 1.650 Acres
Acres 1.65
Source Greater El Paso Association of REALTORS®
Property Description
Fully Leased NNN Investment Opportunity
Secure a strong income-producing asset with this fully leased NNN investment, structured as a land lease with ground rent and base rent in place. Tenants are responsible for all NNN expenses, providing an attractive passive investment structure. The property features a total building area of 16,833 square feet and includes a five-year renewal option beginning in 2031, with rent scheduled to increase to $13.39 per square foot at that time. Ideally located less than one mile from the airport and with convenient access to Interstate 10, this offering provides excellent connectivity and long-term investment potential.
Secure a strong income-producing asset with this fully leased NNN investment, structured as a land lease with ground rent and base rent in place. Tenants are responsible for all NNN expenses, providing an attractive passive investment structure. The property features a total building area of 16,833 square feet and includes a five-year renewal option beginning in 2031, with rent scheduled to increase to $13.39 per square foot at that time. Ideally located less than one mile from the airport and with convenient access to Interstate 10, this offering provides excellent connectivity and long-term investment potential.
Location
State TX
County El Paso
Community Out Of Area
Zoning SCZ
Interior
Heating 2+ Units
Fireplaces Number 9999
Fireplace Yes
Exterior
Parking Features Unassigned
Utilities Available All City, All Utilities
Building
Story 1
Sewer Public Sewer
Water City
Level or Stories 1
Structure Type Masonite,Stucco
Others
Tax ID E378999002B0400
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/gepar/949247
