Log In/Sign Up
Your email has been sent.
5802 Watauga Rd 3,650 SF 100% Leased Office Building Watauga, TX 76148 $2,050,410 CAD ($561.76 CAD/SF) 5.90% Cap Rate
Investment Highlights
- Heavy traffic on major connection
- Private offices, great for professional offices
- 2 Separate Suites with separate enterances
Executive Summary
Beautiful property, currently leased out by medical business. Current tenant has leased out both suites, but looking to downscale in the next year. Half the building will be available for rent in 6 months. Will provide opportunity to bring in a new tenant with a higher rent.
Building built in 2021, first occupied in 2022. Single tenant, well maintained. minor wear and tear.
City of Watauga growing Watauga Road to house be a medical corridor. Good city support being provided. High traffic area.
Sale includes rights to build monument signage on main road (does not need to be shared).
Building built in 2021, first occupied in 2022. Single tenant, well maintained. minor wear and tear.
City of Watauga growing Watauga Road to house be a medical corridor. Good city support being provided. High traffic area.
Sale includes rights to build monument signage on main road (does not need to be shared).
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
3,650 SF
Building Class
C
Price
$2,050,410 CAD
Price Per SF
$561.76 CAD
Cap Rate
5.90%
NOI
$120,974 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,650 SF
Building FAR
0.26
Lot Size
0.32 AC
Zoning
LB - Local Business
Parking
13 Spaces (3.56 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Central Heating
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Medical Company
- Health Care and Social Assistance
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Medical Company | Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 42550031 | Total Assessment | $1,516,868 CAD |
| Land Assessment | $114,940 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,401,928 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
42550031
Land Assessment
$114,940 CAD
Improvements Assessment
$1,401,928 CAD
Total Assessment
$1,516,868 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
QPG
5802 Watauga Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.