11763 Tx-35 | Port Lavaca, TX 77979
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- LoopNet Team
11763 Tx-35
Port Lavaca, TX 77979
Net Leased Warehouse on 10 acres · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Leased to DeBusk (Building and 2 acres)
- 3% annual bumps
- Lease Expiration date: Aug. 31, 2023
- Base rent: $5,465/month (12.37% CAP)
- Commencement date: Sept. 1, 2018
- Additional land (8 acres +/-) for development
PROPERTY FACTS
ABOUT 11763 TX-35 , PORT LAVACA, TX 77979
Building includes 2,400 SF of office space with air conditioned up stairs storage (1,000 SF) and 3,600 SF of warehouse space. Warehouse includes two 12'X12' overhead doors, 16' eaves, 18' peak, 1,382 SF lean-to and 480 SF 3 phase electric. The yard around the building is stabilized and fenced. Balance is undeveloped. Water Well and septic tank. Warehouse and 2 acres leased to DeBusk. CAP Rate: 12.37%
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $236,250 | |
| Land Assessment | $32,000 | Total Assessment | $311,450 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$32,000
Improvements Assessment
$236,250
Total Assessment
$311,450
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