1387 George Dieter DrEl Paso, TX 79936

Property Details for 1387 George Dieter Dr

Year built

2018

Lot size

1.36 AC

Property size (Sq ft)

14,630 SF

Property type

Medical offices

Property subtype

Medical centers

APN

V894-999-022A-2895

APU

V894999022A2895

Description

This exceptional 2,829-square-foot medical office space, located in Building D, Suite 103, is ideally situated on George Dieter Drive between Rojas and Pellicano Drives, offering convenient access to I-10. The property boasts a prime Eastside location within a thriving retail and business center, making it an excellent choice for medical or professional practices. Available for lease starting October 1, 2024, this single-tenant space features a well-designed layout including 10 exam rooms, a dedicated nurse station, a reception area, and three bathrooms. The $4,699 monthly rent is a Net-Net-Net (NNN) lease. This property presents a fantastic opportunity for businesses seeking a move-in ready, high-visibility location in a bustling commercial area of El Paso County. The suite's size and amenities are perfectly suited for a variety of medical or professional office uses, providing ample space for patient care, administrative functions, and staff support. Its central location ensures high visibility and easy accessibility for clients and employees alike. This is a rare opportunity to secure a well-appointed office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,642,880

  6.5%

  $1,516,500

  7%

  $1,408,180

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,434,430

  Geo Method

  $2,434,430

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,967,300

  Retail / Commercial

  $1,525,210

  Mixed-Use / Specialty

  $1,522,600

  Hospitality / Lodging

  $1,120,770

  Institutional / Educational

  $1,583,900

  Residential Income

  $1,853,170

  Multifamily

  $2,206,900

  Automotive / Energy

  $1,357,630

  Parking / Income-Based Land

  $465,706

  Restaurant / Food Service

  $797,957

  Healthcare / Senior Housing

  $1,558,500

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7313

Longitude

-106.303

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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