DIALYSIS AND MEDICAL OFFICE BUILDING FOR SALE 3100 N STANTON EL PASO, TX 79902 Laura Salome, CCIM Managing Director 915.544.6208 laurasalome@svn.com SVN FORTUNE REAL ESTATE 214 W. FRANKLIN AVE, EL PASO, TX 79901 SALE BROCHURE
Property Summary OFFERING SUMMARY Sale Price: $2,400,000 Cap Rate: 6.25% NOI: $150,000 Year Built: 1955 Building Size: 10,098 SF Renovated: 2000 Zoning: AO Price / SF: $237.67 PROPERTY OVERVIEW Well established OBGYN practice and US Dialysis center (DSI Renal) FOR SALE in strong medical and university area. Physician will sign a 5 year lease at closing and there are 5 years left on the Dialysis Clinic lease with three two year options after. PROPERTY HIGHLIGHTS Well Established OBGYN Dialysis Clinic there since 1998 Over Parking Requirements Located walking distance to Grocery and University 3 minute drive to Providence and Las Palmas Hospitals and 5 minute drive to Sierra Hospital Well landscaped grounds with mature and robust Palm trees Easy for patients to get in and out of (wheelchair friendly and well cared for paved parking lot). NN Lease: Landlord Responsible for Roof, Outside Structure, and Parking Lot Only DIALYSIS AND MEDICAL OFFICE BUILDING FOR SALE 3100 N STANTON, EL PASO, TX 79902 SVN Fortune Real Estate Page 2
Location Map DIALYSIS AND MEDICAL OFFICE BUILDING FOR SALE 3100 N STANTON, EL PASO, TX 79902 SVN Fortune Real Estate Page 3
Rent Roll TENANT NAME UNIT NUMBER UNIT SIZE (SF) LEASE START LEASE END LEASE START ANNUAL RENT % OF BUILDING PRICE PER SF/ YR Jorge Villareal, M.D. A 4,098 January 1, December 31, Current $54,000 40.58 $13.18 (OBGYN) 2018 2023 DSI Renal B 6,000 October 29, 1998 January 31, 2023 Current $96,000 59.42 $16.00 Totals/Averages 10,098 $150,000 $14.85 DIALYSIS AND MEDICAL OFFICE BUILDING FOR SALE 3100 N STANTON, EL PASO, TX 79902 SVN Fortune Real Estate Page 4
Financial Summary INVESTMENT OVERVIEW DIALYSIS UNIT AND MOB FOR SALE Price $2,400,000 Price per SF $237.67 CAP Rate 6.3% Cash-on-Cash Return (yr 1) 2.89 % Total Return (yr 1) $51,861 Debt Coverage Ratio 1.13 Net Operating Income $150,000 Pre-Tax Cash Flow $17,357 PROPOSED FINANCING DATA DIALYSIS UNIT AND MOB FOR SALE Down Payment $600,000 Loan Amount $1,800,000 Debt Service $132,643 Debt Service Monthly $11,053 Principal Reduction (yr 1) $34,504 DIALYSIS AND MEDICAL OFFICE BUILDING FOR SALE 3100 N STANTON, EL PASO, TX 79902 SVN Fortune Real Estate Page 5
Tenant Profiles Jorge Villareal M.D.: Dr. Jorge Villareal has been serving the El Paso Texas area for over 25 years. Dr. Villareal helps patients with gynecological services, obstetrics, pap smears, pelvic exams, C sections, STD and HPV management, and hormone replacement therapy. He received his B.A. from Stanford and his MD from UT Dallas. He is board certified in obstetrics, Chief of Obstetrics and Gynecology and Vice Chief of Staff at Hospitals of Providence- Memorial Campus.. His practice philosophy is delivering the highest level of care for his patients and their families. U.S. Renal Care: U.S. Renal Care operates more than 400 outpatient, home, and specialty dialysis programs in 31 states. U.S. Renal provides in center and at home hemodialysis and peritoneal dialysis for end stage renal disease. Founded in 2000 in Plano Texas, the company now serves more than 23,000 patients across 31 states. Facilities are managed by local physicians and have clinical results exceeding national averages. U.S. Renal Care Locations DIALYSIS AND MEDICAL OFFICE BUILDING FOR SALE 3100 N STANTON, EL PASO, TX 79902 SVN Fortune Real Estate Page 6
Photos DIALYSIS AND MEDICAL OFFICE BUILDING FOR SALE 3100 N STANTON, EL PASO, TX 79902 SVN Fortune Real Estate Page 7
Additional Photos DIALYSIS AND MEDICAL OFFICE BUILDING FOR SALE 3100 N STANTON, EL PASO, TX 79902 SVN Fortune Real Estate Page 8
Advisor Bio LAURA SALOME, CCIM Managing Director PROFESSIONAL BACKGROUND Laura Salome holds the CCIM (certified commercial investment member) designation and is past president of the local CCIM chapter in El Paso Texas. She is highly involved with the local El Paso Community and serves on the CCIM Board and is also involved with ICSC (International Council of Shopping Centers). She holds a BA in Communications and Advertising from the University of Texas at Austin. Laura has an extensive background in medical sales which keeps her interested in Healthcare related real estate. The SVN Fortune Real Estate office primarily focuses on Investment sales, Multifamily, Retail, Medical, Land, and Office. SVN Fortune Real Estate also participates in retail and office leasing assignments both Landlord and Tenant Representation work. 214 W. Franklin Ave El Paso, TX 79901 T 915.544.6208 C 915.474.0306 laurasalome@svn.com The entire office is fluent in Spanish and understands the El Paso culture, landscape, and politics. She has an excellent working relationship with local, regional, and national developers as well with local municipalities, surveyors, appraisers, lenders, and title companies. SVN Fortune Real Estate is a local office with over 40 years of CRE expertise and is affiliated with a national flag, SVNIC. Each office is independently owned and operated with over 300 offices globally. This global affiliation with other SVN offices allows participation in cross state transactions. The mission of this office is to deliver honest and meaningful commercial real estate consultation and service. We strive for positive outcomes for all involved, making the lives of our customers, clients, and colleagues better with our work. EDUCATION BA University of Texas at Austin MEMBERSHIPS & AFFILIATIONS CCIM National CCIM El Paso Chapter ICSC National and Regional BBB El Paso Chamber of Commerce DIALYSIS AND MEDICAL OFFICE BUILDING FOR SALE 3100 N STANTON, EL PASO, TX 79902 SVN Fortune Real Estate Page 9