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303 W Calhoun Ave
Temple, TX 76501
MRB Group Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Long Term Lease
- Built-in Rent Increases
- CBD Downtown Setting
- Regional Credit Tenant
- Completely Remodeled Q3 2020
- Zoned Central Area
EXECUTIVE SUMMARY
Stabilized Investment in Downtown Temple CBD.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
13,080 SF
Building Class
B
Year Built/Renovated
1990/2020
Price
$2,275,100
Price Per SF
$173.94
Cap Rate
6.03%
NOI
$137,083
Tenancy
Single
Building Height
1 Story
Typical Floor Size
13,080 SF
Building FAR
0.24
Lot Size
1.27 AC
Zoning
CA - Central Area
Parking
68 Spaces (5.2 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Controlled Access
- Conferencing Facility
- Courtyard
- Security System
- Skylights
- Kitchen
- Reception
- Central Heating
- High Ceilings
- Natural Light
- Partitioned Offices
- Drop Ceiling
- Outdoor Seating
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 6521 | Improvements Assessment | $1,263,698 |
| Land Assessment | $81,696 | Total Assessment | $1,345,394 |
PROPERTY TAXES
Parcel Number
6521
Land Assessment
$81,696
Improvements Assessment
$1,263,698
Total Assessment
$1,345,394
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