1310 Murchison Dr, El Paso, TX 79902
10,803 SF Medical Condo Unit Offered at $3,560,000 in El Paso, TX 79902
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,560,000
- Property Type
-
Office
Listing Contacts
Jason Lesley
Verified Profile
Ben Billings
Verified Profile
- Property Info
Property Overview
The subject property is a 2014 DaVita build-to-suit clinic which measures 10,803 square feet. DaVita signed a 15-year, NNN, corporate guaranteed lease which commenced on June 26, 2014 and expires June 25, 2029 with two five-year options to extend. The lease calls for favorable increases of 10% every five years, with the next increase taking place in June 2024.
For more than 40 years, DaVita has been on the leading edge of kidney care and continues to innovate and grow in order to save the lives of its patients. DaVita is the country’s largest kidney care provider, with a vast renal care network that performs over 2,500,000 dialysis treatments every month in over 3,100 dedicated clinics.
A short distance from US Interstate 10, this property features great visibility, convenience, and easy access with exposure to excellent traffic counts. The site is located in close proximity to a major medical corridor of West Central El Paso, making the location very convenient for medical patients throughout the El Paso municipal area. The nearby medical presence includes names and centers such as The Hospitals of Providence Sierra, Buena Vista Eye Care, Texas Tech Physicians of El Paso Pediatrics, Southwest NeuroSpine Institute, Imaging & Interventional Specialists, A Center of The Heart, showing the value that this property has long-term from a medical office standpoint.
For more than 40 years, DaVita has been on the leading edge of kidney care and continues to innovate and grow in order to save the lives of its patients. DaVita is the country’s largest kidney care provider, with a vast renal care network that performs over 2,500,000 dialysis treatments every month in over 3,100 dedicated clinics.
A short distance from US Interstate 10, this property features great visibility, convenience, and easy access with exposure to excellent traffic counts. The site is located in close proximity to a major medical corridor of West Central El Paso, making the location very convenient for medical patients throughout the El Paso municipal area. The nearby medical presence includes names and centers such as The Hospitals of Providence Sierra, Buena Vista Eye Care, Texas Tech Physicians of El Paso Pediatrics, Southwest NeuroSpine Institute, Imaging & Interventional Specialists, A Center of The Heart, showing the value that this property has long-term from a medical office standpoint.
Property Details
- Class
- B
- Year Built
- 2014
- Property Subtype
- Medical
- Lot Size (sq. ft)
- 52,708 SF
- Units
- 1
Highlights
- Investment Grade Tenant
- Essential Dialysis Outpatient Service
- 2014 Build-to-Suit for DaVita
- Conveniently Located With Proximity to Interstate 10
- Short Distance From Health Center and Major Medical Corridor
- Texas Boasts No Income Tax and Top Growth Figures Nationwide
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