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STATE OF TEXAS GOVT. BUILDING – BEEVILLE, TX 1770 W Corpus Christi St 10,515 SF Office Building Beeville, TX 78102 $4,062,357 CAD ($386.34 CAD/SF) 7.97% Cap Rate



Investment Highlights
- PRICE: $2,946,000
- RENTAL ESCALATIONS: 50% of CPI Annually
- Options: Five 5-year options
- CAP: 7.75%
- Texas is an income tax-free state!
- Ownership: Fee Simple (Building & Land)
Executive Summary
Fee Simple (Building & Land)
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
10,515 SF
Building Class
B
Year Built
2019
Price
$4,062,357 CAD
Price Per SF
$386.34 CAD
Cap Rate
7.97%
NOI
$323,823 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,515 SF
Building FAR
0.03
Lot Size
8.50 AC
Zoning
C - Commercial
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 13665 | Improvements Assessment | $2,498,357 CAD |
| Land Assessment | $115,330 CAD | Total Assessment | $2,613,687 CAD |
Property Taxes
Parcel Number
13665
Land Assessment
$115,330 CAD
Improvements Assessment
$2,498,357 CAD
Total Assessment
$2,613,687 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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STATE OF TEXAS GOVT. BUILDING – BEEVILLE, TX | 1770 W Corpus Christi St
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