- For Sale $3,506,560
- Property Type Retail
- Property Size 34,357 SF
- Lot Size 0.29 Acre
- Building Class C
- Year Built 1949
- Date Updated May 14, 2026
Description
The Boulder Group is pleased to exclusively market for sale a single tenant net leased KEDPLASMA property located in El Paso, Texas. The
tenant began occupying the space in 2018 with a 15-year lease that runs through October 2033. The subject lease contains 10% rental
escalations throughout the primary term and three 5-year renewal options. Additionally, Texas is an income tax free state.
The 34,357 square-foot building benefits from its signalized hard corner position along Paisano Drive, which experiences over 26,200 vehicles
per day and is located in downtown El Paso. The property also benefits from its proximity Interstate 10 which handles more than 187,000
vehicles per day. Interstate 10 also connects El Paso to San Antonio and Tucson. The subject is positioned less than a five-minute drive from
the University of Texas at El Paso (24,000 students) and The Hospitals of Providence Memorial (500-Bed). There are over 108,0001 people
living within a five-mile radius of the property that earn an average household income of $57,768. Additionally, El Paso’s neighboring city,
Ciudad Juárez, has a population of over 1.5 million people. Many of these residents’ travel across the border to visit, work, and shop in El Paso
False
Contacts
The Boulder Group
The Boulder Group