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TX Attorney General/Child Division Office 121 BMT Dr 6,986 SF Office Building Jourdanton, TX 78026 $1,249,348 CAD ($178.84 CAD/SF) 7.30% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Investment NN Sale

EXECUTIVE SUMMARY

Single story office building, constructed in 1995, approximately 7,000 SF w. 40 parking spaces, leased to the State of Texas through 3/31/2025. Steel frame bldg., stucco exterior, metal roof, asphalt paving. 1.5 acre site can accommodate additional improvements.
Investment NN Sale.
Jourdanton, Texas south of San Antonio on SH 16. The building is located on the NE side of BMT Drive immediately SE of SH 97. See attached map.

FINANCIAL SUMMARY (PRO FORMA - 2017)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $171,021 $24.48
Other Income - -
Vacancy Loss - -
Effective Gross Income $171,021 $24.48
Taxes $14,210 $2.03
Operating Expenses $65,608 $9.39
Total Expenses $79,819 $11.43
Net Operating Income $91,202 $13.06

FINANCIAL SUMMARY (PRO FORMA - 2017)

Gross Rental Income (CAD)
Annual $171,021
Annual Per SF $24.48
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $171,021
Annual Per SF $24.48
Taxes (CAD)
Annual $14,210
Annual Per SF $2.03
Operating Expenses (CAD)
Annual $65,608
Annual Per SF $9.39
Total Expenses (CAD)
Annual $79,819
Annual Per SF $11.43
Net Operating Income (CAD)
Annual $91,202
Annual Per SF $13.06

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
6,986 SF
Building Class
B
Year Built
1995
Price
$1,249,348 CAD
Price Per SF
$178.84 CAD
Cap Rate
7.30%
NOI
$91,202 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,986 SF
Building FAR
0.11
Lot Size
1.51 AC
Zoning
O
Parking
40 Spaces (5.73 Spaces per 1,000 SF Leased)

ABOUT 121 BMT DR , JOURDANTON, TX 78026

Steel frame bldg., stucco exterior, metal roof, asphalt paving. 1.5 acre site can accommodate additional improvements.

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • State of TX
  • -
  • 7,000 SF
  • -
  • Mar 2025
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
State of TX - 7,000 SF - Mar 2025

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R16976
Land Assessment
$364,613 CAD (2024)
Improvements Assessment
$348,912 CAD (2024)
Total Assessment
$713,525 CAD (2024)
Annual Taxes
$14,210 CAD ($2.03 CAD/SF)
Tax Year
2017
  • Listing ID: 3665849

  • Date on Market: 2012-07-13

  • Last Updated:

  • Address: 121 BMT Dr, Jourdanton, TX 78026

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