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628 Centre St 6,800 SF 100% Leased Office Building Dallas, TX 75208 $2,100,000 ($308.82/SF) 6.80% Cap Rate
Executive Summary
Office/medical for sale, move-in ready condition, breakroom, private offices, reception area, just off of Jefferson Blvd and a few blocks from Bishop Arts. The building has a long term lease suite A and the suite B is currently owner occupied. Owner will consider vacating if purchaser wishes to occupy 3400 SF.
The building is in excellent condition and features nice office finish out, 9 offices, conference room, large reception area, 2 restrooms, breakroom with kitchen, and on-site parking. Additional parking may be arranged across the street with a remote parking agreement with a 3rd party owner.
The building is in excellent condition and features nice office finish out, 9 offices, conference room, large reception area, 2 restrooms, breakroom with kitchen, and on-site parking. Additional parking may be arranged across the street with a remote parking agreement with a 3rd party owner.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
6,800 SF
Building Class
B
Year Built/Renovated
1958/2019
Price
$2,100,000
Price Per SF
$308.82
Cap Rate
6.80%
NOI
$142,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,800 SF
Building FAR
0.33
Lot Size
0.48 AC
Zoning
Office
Parking
25 Spaces (3.68 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- High Ceilings
- Natural Light
- Air Conditioning
Walk Score®
Very Walkable (88)
Property Taxes
| Parcel Number | 00000257623000000 | Improvements Assessment | $1,105,000 |
| Land Assessment | $525,000 | Total Assessment | $1,630,000 |
Property Taxes
Parcel Number
00000257623000000
Land Assessment
$525,000
Improvements Assessment
$1,105,000
Total Assessment
$1,630,000
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Contact the Sale Advisor
628 Centre St