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775 Indian Trl 5,317 SF 100% Leased Office Building Harker Heights, TX 76548 $850,000 ($159.86/SF) 7.35% Cap Rate
EXECUTIVE SUMMARY
This property is 100% occupied and had good off street paved parking and great visibility located about a block from I-14.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$62,185
|
$11.70
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $62,185 |
| Annual Per SF | $11.70 |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Medical
Building Size
5,317 SF
Building Class
B
Year Built
1994
Price
$850,000
Price Per SF
$159.86
Cap Rate
7.35%
NOI
$62,469
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,317 SF
Building FAR
0.10
Lot Size
1.22 AC
Zoning
B-3 - Local retail/office
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Gardner Industries, LLC
- -
- -
- $18.00
- Triple Net
- Jul 2025
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Gardner Industries, LLC | - | - | $18.00 | Triple Net | Jul 2025 |
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PROPERTY TAXES
| Parcel Number | 135350 | Improvements Assessment | $490,176 (2025) |
| Land Assessment | $442,016 (2025) | Total Assessment | $932,192 (2025) |
PROPERTY TAXES
Parcel Number
135350
Land Assessment
$442,016 (2025)
Improvements Assessment
$490,176 (2025)
Total Assessment
$932,192 (2025)
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775 Indian Trl
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