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117 San Augustine St 6,472 SF 67% Leased Office Building Center, TX 75935 $1,200,000 ($185.41/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Beautifully updated Historic building in downtown Center, TX
- Available extra office space or call center on second floor
- Tenant in place for signing long term lease
EXECUTIVE SUMMARY
Historic Building in Downtown Center, Texas recently updated in 2021.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
6,472 SF
Building Class
C
Year Built/Renovated
1970/2021
Price
$1,200,000
Price Per SF
$185.41
Cap Rate
7.50%
NOI
$90,000
Percent Leased
67%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,250 SF
Building FAR
1.65
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
PD
PROPERTY TAXES
| Parcel Number | R20001 | Improvements Assessment | $214,550 |
| Land Assessment | $9,950 | Total Assessment | $224,500 |
PROPERTY TAXES
Parcel Number
R20001
Land Assessment
$9,950
Improvements Assessment
$214,550
Total Assessment
$224,500
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117 San Augustine St
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