CSL Plasma 4280 Woodrow Bean Transmountain Drive, El Paso, TX Cap Rate 5.75% El Paso ( Texas, US ) Built

$3,287,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

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  • Type: Commercial
  • Style: Commercial
  • Size: 12,000 sq. ft.
  • Development Level: Built
  • Lot Size: 1.7 acres
  • Year Built: 2021

Description

CSL Plasma 4280 Woodrow Bean Transmountain Drive, El Paso, TX Cap Rate 5.75%

Cap Rate: 5.75%
NOI: $189,000
Building Size: 12,000 sqft
Lot Area: 1.7 acres
Year Built: 2021
Tenancy: Single
Lease Expire Year: 2036

DESCRIPTION
The subject property is prominently located with excellent access and visibility along Woodrow Bean Transmountain Drive (27,640 AADT) adjacent to its junction with the Patriot Freeway arterial (116,224 AADT).​ The site benefits from robust demographics with a total population of 119,676 and average household income of $58,648 within a 5 mile radius.​

The site benefits from a prominent retail location within a new retail development adjacent to a Walmart Supercenter anchored shopping center.​ Other nearby retail centers include Plaza Nordeste, anchored by Food King and Family Dollar; Surety Village Shopping Center, anchored by Dollar Tree; Hondo Pass Centre, anchored by Food King; Crosspointe Center, featuring Navy Federal Credit Union and WestStar Bank; Kenworthy Crossing, anchored by Albertsons; North Hills Crossing, featuring Walmart Neighborhood Market, Big Lots, Petco, & Ross; and Freedom Crossing at Fort Bliss, anchored by the Fort Bliss Commissary with additional tenants including Dollar Tree, GNC, Buffalo Wild Wings, and more.​ Other major retail tenants in the surrounding area include Walgreens, Sam’s Club, Dollar Tree, Walmart Neighborhood Market, AMC Theaters, Lowe’s Home Improvement, and more.​

The property benefits from close proximity to Biggs Army Airfield and Fort Bliss, which employ more than 45,000 civilian and military personnel and house more than 10,000.​ In addition, the property is located less than a mile from El Paso Community College’s Transmountain Campus, with a student body of 4,000+.​

HIGHLIGHTS
• New 15-Year Corporate Net Lease to CSL Plasma with Scheduled 10% Rental Escalations Every 5 Years
• Subsidiary of CSL Limited (ASX:CSL) – Global Biotechnology Company Using Plasma Collections to Develop Therapeutic Treatments for Various Rare and Serious Diseases,
including COVID-19
• Pandemic-Resistant Tenant Offering Essential Service and Alternative Income Source amid COVID-19 Economic Impacts
• Excellent Access and Visibility along Woodrow Bean Transmountain Retail Corridor Adjacent to Patriot Freeway Arterial Junction - Combined AADT of 143,975
• Prominent Retail Location in New Retail Development Adjacent to Walmart Supercenter Anchored Shopping Center
• New Construction Site with Long-Term Warranties on Construction & Materials.

Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
# ID de Propiedad: 358038156
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

P2#437098745
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Information is deemed to be correct but not guaranteed.