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2506 Westminister St 3,822 SF 100% Leased Office Building Pearland, TX 77581 $1,060,076 CAD ($277.36 CAD/SF) 7% Cap Rate
Investment Highlights
- Nice separately owned office park with Broadway Frontage
Executive Summary
Office building for sale 100% leased by two tenants. Part of a office park with an HOA. 3,822 sf of space. There are currently three tenants occupying the spaces for sale. Contact me for financials or questions.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
3,822 SF
Building Class
B
Year Built
1985
Price
$1,060,076 CAD
Price Per SF
$277.36 CAD
Cap Rate
7%
NOI
$74,205 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,893 SF
Building FAR
0.11
Lot Size
0.78 AC
Zoning
Commercial - property previously listed as 2504 Westminister Unit C, Pearland Texas 77581
Parking
22 Spaces (11.62 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Kitchen
- Central Heating
- Natural Light
- Reception
- Recessed Lighting
- Drop Ceiling
- Monument Signage
- Air Conditioning
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Moderately walkable
60/100
Moderately drivable
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 7034-0000-207 | Improvements Assessment | $822,092 CAD |
| Land Assessment | $117,174 CAD | Total Assessment | $939,266 CAD |
Property Taxes
Parcel Number
7034-0000-207
Land Assessment
$117,174 CAD
Improvements Assessment
$822,092 CAD
Total Assessment
$939,266 CAD
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2506 Westminister St
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