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Nolan Creek Plaza 1875 US Highway 190 7,968 SF 63% Leased Office Building Belton, TX 76513 $3,250,000 ($407.88/SF) 4.77% Cap Rate
INVESTMENT HIGHLIGHTS
- One long term tenant - lease through 2033 with renewal options.
- Easy access from the highway with plenty of parking.
- Vacant 2968 sq ft suite for lease. May be divided.
- 1.123 acre adjacent available for development (not included in pricing).
EXECUTIVE SUMMARY
Medical Office Building for sale - one long term tenant with a 5 year lease and renewal options, plus one vacant suite for lease.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
7,968 SF
Building Class
B
Year Built
2018
Price
$3,250,000
Price Per SF
$407.88
Cap Rate
4.77%
NOI
$155,168
Percent Leased
63%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,968 SF
Building FAR
0.18
Lot Size
1.01 AC
Parking
47 Spaces (5.9 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Shell condition, ready for medical/office/retail tenant.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste B | 2,960 SF | Office | Shell Space | Now |
1st Fl-Ste B
| Size |
| 2,960 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste B
| Size | 2,960 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Shell condition, ready for medical/office/retail tenant.
1 1
PROPERTY TAXES
| Parcel Number | 473766 | Improvements Assessment | $1,800,314 (2025) |
| Land Assessment | $71,634 (2025) | Total Assessment | $1,871,948 (2025) |
PROPERTY TAXES
Parcel Number
473766
Land Assessment
$71,634 (2025)
Improvements Assessment
$1,800,314 (2025)
Total Assessment
$1,871,948 (2025)
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Nolan Creek Plaza | 1875 US Highway 190
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