2417 Yandell Drive, El Paso, TX 79903

$950,000

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List Price
$950,000
Price Change
▼ $350,000 1773358951
Days on Market
268
MLS#
913378
Status
ACTIVE
Acres
0.21
Subdivision
Bassett

Property Description

Discover an exceptional investment opportunity at 2417 E Yandell in El Paso, Texas. This ±7,400 SF professional office building offers a strong combination of income, stability, and long-term potential in a prime central location just minutes from Downtown, I-10, the port of entry, and major thoroughfares. The property includes two office suites and a 1,258 SF warehouse leased to a stable public entity through 2030, creating dependable income for investors. Additional lease protections help reduce risk and support long-term performance. The tenant is responsible for property tax increases above the base year, along with utilities and interior maintenance, and the lease includes two 5-year renewal options with 5% rent escalations at each extension. Priced at $950,000, the property offers Year 1 NOI of $76,800 and an 8.08% cap rate, making it a compelling income-producing asset in a highly accessible location.

Additional Information

Taxes
$12,066
Stories
1
Fireplaces
9000
Heating
Central
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Anibal Olague () from Listing Office: Cap Rate Real Estate Group.