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201 Junior Beck Drive
201 Junior Beck Drive, Corpus Christi, TX 78405
N/A
18,076 SF
Office
Office Building
Investment
9%
Single
-
Last Verified 10/28/2010
Listing ID 16350025
Description
Available: 18,076 SF building (rests upon 3.268 acres); plus additional 2 lots totaling 2.22 acres
Price: $1,965,114.00 (for building) Cap Rate: 9.00%
$290,370.96 (for additional 2 lots totaling 2.22 acres at $3/SF)
Total Sale Price: $2,255,484.96
Zoned: I-2
Tenant: Time Warner Cable, Inc. (NYSE: TWC) (Corporate Credit Rating BBB)
Comments: TWC is the second largest cable provider in the US and arguably the largest in the Coastal Bend. This facility is offered at well below replacement cost and centrally located to attract workforce from all corners of Corpus Christi.
This facility is offered at well below replacement cost and centrally located to attract workforce from all corners of Corpus Christi.
Map of 201 Junior Beck Drive, Corpus Christi, TX 78405 (Nueces County)
Created 8/10/2009
Additional Information for 201 Junior Beck Drive, Corpus Christi, TX 78405
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P