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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 Ficke Team of Colliers is pleased to present a rare, AAA-rated State of Texas investment offering long-term, non-cancellable income. The Texas Department of Family & Protective Services (DFPS) recently exercised a 10-year renewal at market rent and occupies the property under a full-service gross lease with a 7-year non-cancellable term and 3% annual escalations—delivering predictable, growing cash flow with zero credit risk.
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.
???????
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

Sale Type
Investment
Property Type
Office
Building Size
51,307 SF
Building Class
B
Year Built/Renovated
1995/2010
Tenancy
Single
Building Height
1 Story
Typical Floor Size
51,307 SF
Building FAR
0.28
Lot Size
4.27 AC
Zoning
B-1
Parking
58 Spaces (1.13 Spaces per 1,000 SF Leased)

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Public Administration
  • -
  • -
  • Lorem Ipsum
  • 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
Public Administration - - Lorem Ipsum Jan 0000
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
262034
Land Assessment
$381,421 CAD
Improvements Assessment
$5,787,575 CAD
Total Assessment
$6,168,996 CAD
  • Listing ID: 40267076

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: 4201 Greenwood Dr, Corpus Christi, TX 78416

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