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5506 Broadway Blvd 3,687 SF 16% Leased Office Building Garland, TX 75043 $995,000 ($269.87/SF) 6.93% Cap Rate
INVESTMENT HIGHLIGHTS
- Fantastic visibility from street
EXECUTIVE SUMMARY
Prime investment opportunity. Elite Interns is an established and experienced health care provider that has just recently signed a new 5 year, NNN lease with 5% annual increases.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,687 SF
Building Class
B
Year Built
2002
Price
$995,000
Price Per SF
$269.87
Cap Rate
6.93%
NOI
$69,000
Percent Leased
16%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,844 SF
Building FAR
0.29
Lot Size
0.29 AC
Zoning
Z90 - Z90
Parking
28 Spaces (7.59 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Elite Interns
- Health Care and Social Assistance
- -
- -
- Triple Net
- May 2030
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Elite Interns | Health Care and Social Assistance | - | - | Triple Net | May 2030 |
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Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 26447610010010000 | Improvements Assessment | $630,580 |
| Land Assessment | $94,420 | Total Assessment | $725,000 |
PROPERTY TAXES
Parcel Number
26447610010010000
Land Assessment
$94,420
Improvements Assessment
$630,580
Total Assessment
$725,000
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5506 Broadway Blvd
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