2417 Yandell DrEl Paso, TX 79903

For Sale
$1,150,000

7,460 SF Office, Net Lease, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
94
This Class A, 7,460 square foot office building in El Paso, Texas, presents a compelling investment opportunity. Located at 2417 Yandell Dr, this single-story, 1960-built property underwent a complete renovation in 2015. Currently configured as three units, it includes two leased suites and one vacant 3,758 square foot suite (Suite C), offering immediate income and expansion potential. The building sits on a 0.21-acre lot zoned C-4, providing flexibility for future uses. The property boasts a modified net lease with a remaining term of approximately 0.7 years (expiring July 31, 2025), and a current occupancy rate of 50%. The asking price is $1,150,000, translating to $154.16 per square foot. Its prime location, just two minutes from downtown El Paso and with easy access to I-10, the port of entry, and major roadways, ensures high visibility and tenant appeal. This income-generating asset is ideal for investors seeking a strong return on investment in a thriving Texas market. The property also includes a 1,258 square foot warehouse space. This is a multi-tenant property with one current tenant. The lease commenced on June 30, 2018.

Highlights

  • $1,150,000 asking price for a 7,460 square foot Class A office building in El Paso, TX.
  • Net lease investment opportunity with a modified lease.
  • Single tenant currently occupying 50% of the space (7,460 rentable sq ft).
  • Lease expires July 31, 2025 (approximately 0.7 years remaining).
  • Located at 2417 Yandell Dr, El Paso, TX 79903, near downtown and I-10.
  • Property includes three units, one of which is vacant.

Property Details for 2417 Yandell Dr

Property type
Other office properties, Office space
Square Feet
7,460 SF
Class
A
Year Built/Renovated
1960/2015
Buildings
1
Stories
1
Lot Size (sq. ft)
9,148 SF
Units
3

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.778898369288
Longitude
-106.466586211
2417 Yandell Dr, El Paso, Texas

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2417 Yandell Dr
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