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3707 Fatta Dr 7,375 SF 100% Leased Office Building Dickinson, TX 77539 $1,500,000 ($203.39/SF) 7.56% Cap Rate
Investment Highlights
- Prime Corner Location with Great Visibility and Access
- Income-Producing Asset
- Well-Maintained Multi-Tenant Professional Center
Executive Summary
Multi-Tenant Professional Office Center in Dickinson, TX
Excellent opportunity to acquire a well-maintained, single-story Class B multi-tenant commercial building on a 0.55-acre corner lot at the high-visibility intersection of FM 517 & Fatta Drive.
Strong Current Cash Flow
Attractive Going-In Cap Rate
Built-In Rent Growth
Prime Location
Excellent opportunity to acquire a well-maintained, single-story Class B multi-tenant commercial building on a 0.55-acre corner lot at the high-visibility intersection of FM 517 & Fatta Drive.
Strong Current Cash Flow
Attractive Going-In Cap Rate
Built-In Rent Growth
Prime Location
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,375 SF
Building Class
B
Year Built
1986
Price
$1,500,000
Price Per SF
$203.39
Cap Rate
7.56%
NOI
$113,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,375 SF
Building FAR
0.31
Lot Size
0.55 AC
Zoning
Commercial - Commercial Building
Parking
21 Spaces (2.85 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Central Heating
- Fully Carpeted
- Monument Signage
- Air Conditioning
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 3015-0158-0000-005 | Improvements Assessment | $663,510 |
| Land Assessment | $208,490 | Total Assessment | $872,000 |
Property Taxes
Parcel Number
3015-0158-0000-005
Land Assessment
$208,490
Improvements Assessment
$663,510
Total Assessment
$872,000
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3707 Fatta Dr
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