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Building 2 821 Grand Avenue Pky 1,553 SF 100% Leased Office Building Pflugerville, TX 78660 $530,000 ($341.27/SF) 6.89% Cap Rate
Executive Summary
Introducing a lucrative opportunity for Office Building investors or users in Pflugerville,
Texas. This impressive 1,553 SF building houses four modern and flexible office units,
strategically located just 1 mile east of IH 35. Boasting high visibility and accessibility, the
property features a contemporary design and is adaptable to various business needs.
With the potential for significant growth due to under market rents and gross leases, this
building presents a compelling investment opportunity. Its prime location in a thriving
commercial hub promises a strong presence and promising returns for investors seeking
a valuable and versatile asset in the dynamic Pflugerville area. It's currently 100% occupied with all tenants on less than one year term gross leases.
Texas. This impressive 1,553 SF building houses four modern and flexible office units,
strategically located just 1 mile east of IH 35. Boasting high visibility and accessibility, the
property features a contemporary design and is adaptable to various business needs.
With the potential for significant growth due to under market rents and gross leases, this
building presents a compelling investment opportunity. Its prime location in a thriving
commercial hub promises a strong presence and promising returns for investors seeking
a valuable and versatile asset in the dynamic Pflugerville area. It's currently 100% occupied with all tenants on less than one year term gross leases.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,553 SF
Building Class
B
Year Built
1978
Price
$530,000
Price Per SF
$341.27
Cap Rate
6.89%
NOI
$36,520
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
1,553 SF
Building FAR
0.04
Lot Size
1.00 AC
Parking
27 Spaces (10 Spaces per 1,000 SF Leased)
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Property Taxes
| Parcel Numbers | Improvements Assessment | $447,378 | |
| Land Assessment | $27,870 | Total Assessment | $475,248 |
Property Taxes
Parcel Numbers
Land Assessment
$27,870
Improvements Assessment
$447,378
Total Assessment
$475,248
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Building 2 | 821 Grand Avenue Pky
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