7505 Lockheed Dr El Paso, TX 79925

This exceptional investment opportunity presents a 7,952 square foot traditional office building located at 7505 Lockheed Dr, El Paso, TX 79925. The property, built in 1984, sits on a 0.71-acre lot (30,740 sq ft) and boasts a C2 zoning designation, offering versatility for various business uses. Currently, three of the four separately metered units generate rental income. The building features ample parking (36+ spaces) and enjoys high visibility due to its location on Montana Ave, ensuring increased customer traffic. Its strategic location provides easy access to I-10 and US Highway 54 (Patriot Freeway), proximity to Fort Bliss and the El Paso International Airport, contributing to a stable and appreciating property value. The asking price is $799,950, with a price per square foot of $106.89. Owner financing options are available. The property includes a long-term land lease with the El Paso International Airport extending until 2069. This makes it an ideal location for a medical facility, given the ample parking and existing tenants. The property's individual utility metering ensures cost efficiency for both owner and tenants. High potential for growth and rental income expansion exists due to the versatile spaces suitable for various businesses and the high demand for this convenient and strategic location. The APN is E378-999-0070-5050.