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4202 Santa Elena St 39,846 SF Industrial Building Corpus Christi, TX 78405 $10,500,000 ($263.51/SF) 8.50% Cap Rate
Investment Highlights
- ABSOLUTE NNN LEASE STRUCTURES
- ±4 miles from the Port of Corpus Christi
- Seven (7) Overhead Doors in Bldg 1 & Five (5) Overhead Doors in Bldg 2
Executive Summary
KBC Advisors, as the exclusive agent, is pleased to present the opportunity to acquire 4202 Santa Elena Street. The two building, 39,846 SF crane-served manufacturing park is situated on +/-3.8 acres in the heart of Corpus Christi’s Western submarket. The buildings are 100% leased (to the same tenant via one absolute net lease with 3.0% bumps) . The facilities were originally developed in 2021 and 2023.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $10,500,000 | Rentable Building Area | 39,846 SF |
| Price Per SF | $263.51 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2021 |
| Cap Rate | 8.50% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.83/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 32’ |
| Building Class | B | No. Dock-High Doors/Loading | 12 |
| Lot Size | 3.83 AC |
| Price | $10,500,000 |
| Price Per SF | $263.51 |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.83 AC |
| Rentable Building Area | 39,846 SF |
| No. Stories | 1 |
| Year Built | 2021 |
| Tenancy | Single |
| Parking Ratio | 0.83/1,000 SF |
| Clear Ceiling Height | 32’ |
| No. Dock-High Doors/Loading | 12 |
Amenities
- 24 Hour Access
- Yard
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Property Taxes
| Parcel Number | 203329 | Improvements Assessment | $1,964,095 |
| Land Assessment | $675,180 | Total Assessment | $2,639,275 |
Property Taxes
Parcel Number
203329
Land Assessment
$675,180
Improvements Assessment
$1,964,095
Total Assessment
$2,639,275
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4202 Santa Elena St
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