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GOVT. OFFICE BUILDING – BEEVILLE, TX 1770 W Corpus Christi St 13,857 SF Office Building Beeville, TX 78102 $3,033,000 ($218.88/SF) 7.50% Cap Rate
Investment Highlights
- PRICE: $3,033,000
- RENTAL ESCALATIONS: 50% of CPI Annually
- Options: Five 5-year options
- CAP: 7.50%
- Texas is an income tax-free state!
- Ownership: Fee Simple (Building & Land)
Executive Summary
(Building & Land) Fee Simple
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Office/Residential
Building Size
13,857 SF
Building Class
C
Year Built
2019
Price
$3,033,000
Price Per SF
$218.88
Cap Rate
7.50%
NOI
$227,449
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,515 SF
Building FAR
0.07
Lot Size
4.38 AC
Zoning
C1/F1 - Commercial
Amenities
- Signage
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Property Taxes
| Parcel Number | 13665 | Improvements Assessment | $1,798,000 |
| Land Assessment | $83,000 | Total Assessment | $1,881,000 |
Property Taxes
Parcel Number
13665
Land Assessment
$83,000
Improvements Assessment
$1,798,000
Total Assessment
$1,881,000
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Videos
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Matterport 3D Tour
Photos
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Street
Map
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GOVT. OFFICE BUILDING – BEEVILLE, TX | 1770 W Corpus Christi St
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