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Investment Highlights
- AAA Credit Tenant
- 7 Years Firm / Non-Cancellable
- Mission-Critical Regional Headquarters
- Fresh 10-Year Renewal Executed
- Contractual Rent Growth
- Specialized, Hard-to-Replace Buildout
Executive Summary
The property serves as the headquarters for DFPS Region 11, supporting a 16-city network with mission-critical services. Purpose-built with specialized layouts and security features, combined with a central Corpus Christi location and high relocation costs, the asset offers strong tenant retention.
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Built in 1995 and expanded in 2010, the 51,307 SF property sits on 4.27 acres and is undergoing tenant-driven improvements. With a long operating history and newly extended lease, 4201 Greenwood Drive represents a highly secure, state-leased investment.
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Public Administration
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Lorem Ipsum
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Jan 0000
The State of Texas traces its modern government identity to the mid-19th century, when Texas joined the United States after a period as an independent republic. Its official Texas.gov platform serves as the state’s public gateway for government services, information, and resources. The state’s broader public-service footprint spans areas such as driver and vehicle services, vital records, veterans resources, open data, and records access. Texas also maintains agencies focused on cultural preservation and historical education, including the Texas Historical Commission, which manages preservation programs, state historic sites, and historical markers that document the state’s heritage.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Public Administration | - | - | Lorem Ipsum | Jan 0000 |
Property Taxes
| Parcel Number | 262034 | Improvements Assessment | $5,787,575 CAD |
| Land Assessment | $381,421 CAD | Total Assessment | $6,168,996 CAD |
Property Taxes
Presented by
State of Texas - DFPS | 4201 Greenwood Dr
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