Bldg#2 has a total of 7 spaces available per 11,940 sqft. Each space is 1,706 sqft. We can accommodate any multiple of 1,714 sqft spaces with firewalls installation, of course if you want to lease the whole building=11,940 sqft no firewalls are needed. We are at $1.40 P/sqft/P/mth & that includes the triple NNN. Bldg#3 has a total of 4 spaces per 10,800 sqft. comes to 2,700 sqft per space or multiples thereof. We are at $1.40 P/sqft/P/mth for Bldg#3 as well & that price includes the triple NNN . Estimated completion for Bldg#2 is July 2023 and January 2024 for Bldg#3.
The triple net part of the lease pays for property taxes, insurance, dumpster fee, night security flood lights and maintenance of the common area. We have our own well so there is no cost for water. When project is complete we will have 4 bldgs.
3 buildings for Office/Warehouse type tenants and building #4 next to Hwy 71 for healthcare type tenants. Building #1=12,000sqft 100% leased. Buildings #2 & #3 under construction now (i.e., Phase 2 of project). Building #4 next to, closest to Hwy 71, with great exposure to traffic on E Hwy 71. Building #4 has most of the engineering completed and pending the right tenant or tenants. Texdot is adding a 5th lane to E Hwy 71, also an exclusive slow down lane for our project. We have two Entrances-Exits at each end of property so 18 wheeler semis do not have to make U-turns on our property. Just come in one end & out the other end with no U-turns, we think this is very convenient for truckers.
We are adding 2ea.-19,796 gallon water tanks storage per fire department in phase 2 which will cover requirements for our 3 buildings.
