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1770 W Corpus Christi St
Beeville, TX 78102
STATE OF TEXAS GOVT. BUILDING – BEEVILLE, TX · Office Property For Sale


Investment Highlights
- PRICE: $2,946,000
- RENTAL ESCALATIONS: 50% of CPI Annually
- Options: Five 5-year options
- CAP: 7.75%
- Texas is an income tax-free state!
- Ownership: Fee Simple (Building & Land)
Executive Summary
Fee Simple (Building & Land)
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
10,515 SF
Building Class
B
Year Built
2019
Price
$2,946,000
Price Per SF
$280.17
Cap Rate
7.75%
NOI
$228,368
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,515 SF
Building FAR
0.03
Lot Size
8.50 AC
Zoning
C - Commercial
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
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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