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Cliff Medical Plaza – Listing Details

Off-Market

1250 East Cliff Drive, El Paso, TX 79902

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  • Property Type Office - Medical Office
  • Property Size 54,749 Sqft
  • Lot Size 1.76 Acre
  • Parking Spaces Avail. 120
  • Parking Ratio 2.20/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1977

Location

  • City El Paso, TX
  • Neighborhood Golden Hill
  • Zip Code 79902
  • Market El Paso

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 05 Feb, 2016
  • Purchase Price $3,036,000
  • Arm's Length
  • Buyer Name

Market Trends

Average Actual Rents in El Paso

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in El Paso Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $24.77
  • 2020 Office Vacancy Rate 9.11%
  • 2020 Office Completions (Sqft) 79,154
View more El Paso market trends

Tax

  • Property Tax in 2020 $64,612
  • Market Value $2,069,432
  • Assessed Value $2,069,432

Find more tax info, including assessment history and abatements, on CommercialEdge