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Biomat USA 350 S Adams St 22,262 SF Office Building Eagle Pass, TX 78852 $3,894,051 ($174.92/SF) 7.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Recession-Proof Tenant
- Strong Corporate Guarantee from Leading Operator in the Space
- Emerging & Essential Industry
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Biomat USA located at 350 South Adams St, Eagle Pass, TX 78852. The site consists of roughly 22,262 rentable square feet of building space on an estimated 3.11-acre parcel of land. This Biomat USA is subject to a 10-year Triple Net (NNN) lease, which commenced 3/11/2013. The current annual rent is $301,789 and has scheduled increases of 1.50% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
22,262 SF
Building Class
B
Year Built
2008
Price
$3,894,051
Price Per SF
$174.92
Cap Rate
7.75%
NOI
$301,789
Tenancy
Single
Building Height
1 Story
Typical Floor Size
22,262 SF
Building FAR
0.16
Lot Size
3.11 AC
Zoning
Commercial
Parking
104 Spaces (4.67 Spaces per 1,000 SF Leased)
AMENITIES
- Bio-Tech/ Lab Space
- Signage
- Monument Signage
PROPERTY TAXES
| Parcel Number | 8709577 | Improvements Assessment | $2,796,531 |
| Land Assessment | $203,469 | Total Assessment | $3,000,000 |
PROPERTY TAXES
Parcel Number
8709577
Land Assessment
$203,469
Improvements Assessment
$2,796,531
Total Assessment
$3,000,000
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Biomat USA | 350 S Adams St
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