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901 Travis St 15,232 SF Office Condo Unit Offered at $2,303,268 CAD in Mission, TX 78572
INVESTMENT HIGHLIGHTS
- Recent Capital Improvements | Roof & HVAC
- Convenient Access to Expy | 945’ to I-2
- Long Established Office | Est. 2008
- Excellent Credit Rated Tenant | Fitch AAA
- Attractive CAP Rate | 13.29%
PROPERTY FACTS
| Total Building Size | 47,382 SF | Typical Floor Size | 47,382 SF |
| Property Type | Year Built | 2007 | |
| Building Class | C | Lot Size | 2.88 AC |
| Floors | 1 | Parking Ratio | 3.17/1,000 SF |
| Zoning | C-3 - Commercial District | ||
| Total Building Size | 47,382 SF |
| Property Type | |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 47,382 SF |
| Year Built | 2007 |
| Lot Size | 2.88 AC |
| Parking Ratio | 3.17/1,000 SF |
| Zoning | C-3 - Commercial District |
AMENITIES
- Signage
- Air Conditioning
1 UNIT AVAILABLE
Unit 6-9
| Unit Size | 15,232 SF | Sale Type | Investment |
| Price | $2,303,268 CAD | Cap Rate | 13.29% |
| Price Per SF | $151.21 CAD | NOI | $306,104.33 CAD |
| Condo Use | Office | APN/Parcel ID | C4445-00-000-000(6)(7)(8)(9)-0 |
| Unit Size | 15,232 SF |
| Price | $2,303,268 CAD |
| Price Per SF | $151.21 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 13.29% |
| NOI | $306,104.33 CAD |
| APN/Parcel ID | C4445-00-000-000(6)(7)(8)(9)-0 |
SALE NOTES
Entrust Commercial Advisors Group, a part of KW Commercial, has been exclusively retained to market the Workforce Solutions (WFS) Office property at 901 Travis St. in Mission, Texas for sale. This offering represents a 100% occupied investment opportunity boasting a 13.29% Cap Rate backed by the strong credit of the State of Texas.
The WFS Office is an established single unit office incorporated into a condominium regime. It is 1 of 180 offices of its kind in Texas, and 1 of 6 in the Lower Rio Grande Valley. The agency’s agenda is to equip the local population with the skills employers seek and enrich the community with information, and education. In addition, the agency assists the local population in securing child-care services and unemployment benefits.
This investment opportunity is optimal for investors seeking cash flowing properties with scheduled increase, featuring tenants with a strong community presence.
For more information or to schedule a tour, please contact us at your convenience.
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901 Travis St
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