MOC Products Group
- Address:
- 3715 Buckner Street, El Paso, TX 79925
- Property Type:
- Single Tenant
- Price:
- $945,000
- Cap Rate:
- 11.00% cap
- NOI:
- $103,981
- Square Feet:
- 9,030 sqft
- Lot Size:
- 0.50 acres
- Price Per Square Foot:
- $104.65
- Year Built:
- 1976/1979
-
Marketing Package*
Investment Highlights
Investment Highlights
- Two-Building 9,030-Square-Foot Industrial Warehouse Situated on 0.5 Acres
- Featuring Metal Construction, 14′-16′ Clear Height, Two Grade-Level Doors, Three-Phase Power, Two HVAC Units, & 12 Parking Spaces
- Sitting Adjacent to El Paso International Airport Along U.S. Route 62 with Proximity to I-10
- NNN Lease Through December 2030 at $11.52/SF with Two Five-Year Renewals | Generating High-Yield 11% Cap Rate
- Fully Occupied by MOC Central, Automotive Maintenance Service Provider | Subsidiary of MOC Products, Backed by Private Equity Firm LKCM
Investment Overview
The property is a two-building industrial warehouse situated on approximately 0.5 acres of land with a total area of 9,030 square feet. The warehouse features metal construction and has a clear height of 14’ to 16’, making it suitable for various industrial uses. Two grade-level doors provide easy access for loading and unloading goods. The warehouse is equipped with three-phase power, which is ideal for businesses that require heavy machinery or equipment. Additionally, the property has two HVAC units to maintain a comfortable working environment. The exterior of the property includes 12 parking spaces for employees and visitors. The property’s location is one of its strongest selling points, situated adjacent to El Paso International Airport along U.S. Route 62. This strategic location provides easy access to major transportation routes, including Interstate 10.
The property is fully occupied by MOC Central, an automotive maintenance service provider and exclusive provider of MOC Products Company in the central U.S. Backed by private equity firm LKCM Headwater Investments, MOC Products Company serves as the leaseholder of the subject property. The triple-net lease runs through December 2030 and carries two five-year renewal options. The lease generates an above-market cap rate of 11 percent, making it an attractive investment opportunity that limits landlord responsibilities. The tenant is a stable and reputable company, providing a secure source of income for the investor. The property’s strong location and attractive lease terms make it a valuable investment opportunity for those looking to invest in industrial real estate.