KEDPLASMA

313 South Stanton Street, El Paso, TX 79901

$3,506,560

Cap Rate 7.50%

Views: 56 DOM: 52 Updated: 11.02.24 Posted: 09.21.24 Status: Active

Summary

Price $3,506,560	Built/Renov 1949	Tenant KEDPLASMA
Cap Rate 7.50%	Lease Type Double NN	Guarantor Corporate
Size/SF 34,357	Lease Start 11-01-2018	#Units 68
Price/SF $102.06	Expiration 10-31-2033	Tenant Type Medical/Health
NOI $262,992	R. Term 8.11	Ownership Fee Simple
Rent/SF $7.65	Increases 10.0%/5/yrs	Pop 5Mi 108,116
Lot/AC 0.29	Options 3/5yrs/10%	AHHI 5Mi $57,768

Lease Highlights

The tenant has 9 years remaining on the primary lease term with 3 (5-year) options to extend
The lease features 10% rental increases every 5 years throughout the initial term and option periods
NN lease | Minimal landlord responsibilities
Texas is an income tax free state
Corporate guaranteed lease

Location Description

KEDPLASMA is strategically located at the signalized, hard corner intersection of S Stanton Street and E Paisano Drive, with access to a combined daily traffic count of 37,200 vehicles. The property benefits from its proximity to Interstate 10, which sees 187,000 VPD, and is less than a five-minute drive from the University of Texas at El Paso and The Hospitals of Providence Memorial....

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Key Features

Signalized intersection
Hard corner intersection
Near major nationals
Strategically located
Freeway close
Dense 100M+ pop 5 mi
Top 100 MSA
Income tax free state
Corporate Guarantee

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Links

KEDPLASMA Wikipedia El Paso, Texas Zip Code 79901 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: KEDPLASMA
Guarantor:Corporate
Company:Kedrion Biopharma
# Units:68
Stock:Private

About Tenant

KEDPLASMA USA is a healthcare company that specializes in the collection of high-quality blood plasma, which is used to manufacture therapies for patients with rare and chronic diseases. Plasma...

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Listing Broker

Randy Blankstein

The Boulder Group (HQ)

Contact

165 Listings
16520 Views
62 Sold

Brian Brockman

Bang Realty, Inc

Contact

29 Listings
1895 Views
1 Sold

Randy Blankstein

President of The Boulder Group, Blankstein is a senior commercial real estate executive with over 30 years of experience focused on advisory services in the single tenant net lease sector. Led The Boulder Group to a top 10 company national ranking for single tenant retail transactions by both CoStar and Real Capital Analytics from 2010-2021. Founded and managed net leased companies on both the advisory and principal sides that have been involved in over $7 billion in single tenant transaction

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Brian Brockman

Brian is one of only a handful of real estate brokers who is licensed in all 50 states and the District of Columbia. Brian is also one of a few auctioneers licensed throughout the country and has sold real estate via online auctions across the United States. Now, Brian is using his national real estate experience to help facilitate transactions for other commercial real estate brokers across the county. Brian has over 15 years in asset management experience and has sold properties for investo

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Jimmy Goodman

The Boulder Group (HQ)

Contact

168 Listings
17047 Views
65 Sold

Jimmy Goodman

Goodman is a partner at The Boulder Group, with over 15 years of experience in the investment real estate sector. His career began at PricewaterhouseCoopers in 2001 and afterward, he has been solely focused on investment real estate. He has been featured in multiple publications including Globe Street, Commercial Property Executive, Real Estate Forum and was a featured speaker at Real Share’s Net Lease Conference. He is a member of the International Council of Shopping Centers and received a Ba

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