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820 SW Wilshire Blvd
Burleson, TX 76028
Office Property For Sale
Executive Summary
Invest in this prime office building opportunity, boasting a spacious 17,800 SF building with a coveted 100% occupancy rate. The property features a single unit and offers significant potential for a discerning investor. Built in 1960 and zoned GR, this well-maintained asset presents a solid investment in the thriving Burleson area. With its strategic location and high occupancy, this property is a lucrative addition to any commercial real estate portfolio. Take advantage of this rare chance to acquire a sought-after office building with a strong rental history in a growing market. 7.19% Cap rate in year one is passed on total sales price if you take out value of additional land it is 8-8.25% Cap rate. PROPERTY HIGHLIGHTS 17,800 SF building 7+ Years left of original lease. 5% increases every 2 years 2- 5 year options 100% occupancy Land for Expanded Development Zoned GR Located in Burleson area
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
17,800 SF
Building Class
C
Year Built
1960
Price
$4,950,000
Price Per SF
$278.09
Cap Rate
7.55%
NOI
$373,880
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
8,900 SF
Building FAR
0.14
Lot Size
2.85 AC
Zoning
C2
Parking
120 Spaces (6.74 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 126-4761-01010 | Improvements Assessment | $629,489 |
| Land Assessment | $371,523 | Total Assessment | $1,001,012 |
Property Taxes
Parcel Number
126-4761-01010
Land Assessment
$371,523
Improvements Assessment
$629,489
Total Assessment
$1,001,012
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