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4202 Santa Elena St 39,846 SF Industrial Building Corpus Christi, TX 78405 $14,657,160 CAD ($367.85 CAD/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- ABSOLUTE NNN LEASE STRUCTURES
- ±4 miles from the Port of Corpus Christi
- Seven (7) Overhead Doors in Bldg 1 & Five (5) Overhead Doors in Bldg 2
EXECUTIVE SUMMARY
KBC Advisors, as the exclusive agent, is pleased to present the opportunity to acquire 4202 Santa Elena Street. The two building, 39,846 SF crane-served manufacturing park is situated on +/-3.8 acres in the heart of Corpus Christi’s Western submarket. The buildings are 100% leased (to the same tenant via one absolute net lease with 3.0% bumps) . The facilities were originally developed in 2021 and 2023.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $14,657,160 CAD | Rentable Building Area | 39,846 SF |
| Price Per SF | $367.85 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2021 |
| Cap Rate | 8.50% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.83/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 32’ |
| Building Class | B | No. Dock-High Doors/Loading | 12 |
| Lot Size | 3.83 AC |
| Price | $14,657,160 CAD |
| Price Per SF | $367.85 CAD |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.83 AC |
| Rentable Building Area | 39,846 SF |
| No. Stories | 1 |
| Year Built | 2021 |
| Tenancy | Single |
| Parking Ratio | 0.83/1,000 SF |
| Clear Ceiling Height | 32’ |
| No. Dock-High Doors/Loading | 12 |
AMENITIES
- 24 Hour Access
- Yard
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
PROPERTY TAXES
| Parcel Number | 203329 | Improvements Assessment | $2,760,162 CAD |
| Land Assessment | $948,837 CAD | Total Assessment | $3,709,000 CAD |
PROPERTY TAXES
Parcel Number
203329
Land Assessment
$948,837 CAD
Improvements Assessment
$2,760,162 CAD
Total Assessment
$3,709,000 CAD
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4202 Santa Elena St
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