Back to Listings
El Paso, TX

Woodbridge Group

Address:
9900 Railroad Drive, El Paso, TX 79924
Property Type:
Single Tenant
Price:
$22,720,000
Cap Rate:
6.75% cap
NOI:
$1,533,493
Square Feet:
309,797 sqft
Lot Size:
22.08 acres
Price Per Square Foot:
$73.34
Year Built:
1998
Links
* By downloading the Marketing Package (Offering Memorandum) you hereby agree to the CONFIDENTIALITY AND BUYER REGISTRATION AGREEMENT.

Investment Highlights

Investment Highlights

Investment Highlights

  • Flexible Asset Use with 28 Dock-High Doors, ESFR Fire Suppression System and 24’ to 29’ Clear Heights – Widening the Potential Tenant Pool
  • Single-Tenant Industrial Asset with a 10-Year, Triple-Net Lease, 2.5% Annual Rental Increases and Two Five-Year Renewal Options
  • The Location Provides Excellent Access to Primary US/Mexico Ports, State Highway Loop 375, U.S. Highway 54 and the El Paso International Airport
  • Subject Asset is Situated on Over 20 Acres Providing an Ample Amount of Parking, Outside Storage Area and Room for Future Expansion
  • Woodbridge Sales & Engineering, Inc. is a Global System Solution Provider Specializing in Fully Integrated Foam Solutions with Over 50 Facilities across 10 Countries

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 9900 Railroad Drive in El Paso, Texas, leased to Woodbridge Sales & Engineering, Inc. The subject property consists of approximately 309,797 square feet of space and is situated on 22.08 acres of land. The subject property provides an ample amount of parking, outside storage area, and room for future expansion. The asset is highly flexible, featuring 28 dock-high doors, an ESFR fire suppression system, and 24’ to 29’ clear heights, widening the potential tenant pool. This single tenant industrial asset has a 10-year, triple-net lease with 2.5 percent annual rental increases and two five-year renewal options. Woodbridge Sales & Engineering, Inc. is a global system solution provider specializing in fully integrated foam solutions with over 50 facilities across 10 countries. The subject location provides excellent access to primary U.S./Mexico ports, State Highway Loop 375, U.S. Highway 54, and the El Paso International Airport.

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2020 Marcus & Millichap. All rights reserved. (Activity ID: ZAB0060458)