Meridian Plaza$9.70 – $11.80/SF/yr NNN
Heritage Tower
1,152,400 SF industrial building at 442 S Padre Island Dr, El Paso, TX 79936. For Lease through the owner.
For LeaseStatus
$10.60/SFAsking rent
2000Year built
BClass
Property facts
| Property type | Industrial |
|---|---|
| Building class | B |
| Rentable area | 1,152,400 SF |
| Stories | 1 |
| Year built | 2000 |
| Typical floor | 1,152,400 SF |
| Lot size | 32.04 acres |
| Parking ratio | 4.0/1,000 SF |
| Occupancy | 100.0% |
| Zoning | DC-5 |
| Parcel ID | 62-363-9212 |
| Submarket | East El Paso Industrial |
| Market | El Paso |
| Walk Score | 36 |
| Transit | Commuter rail 8 min |
| Listing package | Basic |
Building amenities
EV Charging, LEED Gold, Signage, Concierge, Bike Storage, Banking
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Lone Star Semiconductor | Government | 1 | 118,850 | 2029-06-01 |
| Federal Contracting Associates | Healthcare | 1 | 261,290 | 2035-09-01 |
| Redline Robotics | Technology | 1 | 155,960 | 2025-05-01 |
| Zephyr Aerospace | Financial Services | 1 | 297,000 | 2026-01-01 |
| Silverpoint Advisors | Non-Profit | 1 | 228,110 | 2021-06-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2024-12-06 | $178.1M | $154.54 | 7.55% | Everline Real Estate | Westbrook Equities |
| 2021-08-28 | $110.51M | $95.89 | 5.77% | Oakridge Development | Uplands Realty |
Public record
| Owner of record | Kestrel Investment Group |
|---|---|
| Assessed value | $136.41M |
| Land value | $51.68M |
| Improvement value | $84.73M |
| Annual tax | $3.17M |
| Tax year | 2026 |
| Lot size | 1,395,662 SF |
| Last deed | 2016-12-30 |
| Deed type | Bargain and Sale Deed |
| Legal description | LOT 37 BLK 289 EAST EL PASO INDUSTRIAL ADDN |
Location
442 S Padre Island Dr
El Paso, TX 79936
East El Paso Industrial submarket · El Paso market
31.79617, -106.36031
Open in RealStarListing package
Basic — Standard placement below paid listings.
Free listing on RealStarGlobal.com with core building facts, six photos and direct broker contact.
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Property-level inventory shown here is RealStarGlobal sample data generated for product demonstration; live market activity, deal flow and news are sourced from the Acquirepad CRE intelligence feed and the public registries listed in the data sourcing plan.