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404 Newport Blvd
League City, TX 77573
404 406 Newport Blvd · Bureau Propriété À vendre


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Faits saillants de l'investissement
- Two recently remodeled flex office/warehouse spaces totaling ±5,800 SF
- Approximately 28 total parking spaces
- Ideal for contractors, HVAC, plumbing, electrical, roofing, pool companies and other service businesses
- Situated on approximately ±33,733 SF of land
- Excellent parking for small fleet and service vehicles
- Excellent owner-user opportunity - Occupy one building and lease the other to help offset ownership costs
Résumé de l'annonce
Excellent owner-user or investment opportunity consisting of two separate, recently remodeled flex office/warehouse spaces at 404 & 406 Newport, totaling approximately 5,800 SF on approximately 33,733 SF of land.? Both spaces feature overhead doors and have recently undergone interior improvements including luxury vinyl plank (LVP) flooring, fresh paint, and upgraded LED lighting, providing clean, modern, move-in-ready office environments.? Both spaces offer functional office layouts combined with warehouse/storage areas, making the property ideal for contractors, service businesses, and companies needing professional office space with additional storage and fleet parking.
404 Newport – ±2,400 SF features a reception area, two private offices, open bullpen/work area with kitchenette, conference room, warehouse/storage space, and an overhead door.
406 Newport – ±3,400 SF features a reception area, six private offices, conference room with sink, two restrooms, warehouse/storage space, and an overhead door.
This property offers an excellent opportunity for an owner-occupant to operate from one building while leasing the second space to help offset ownership costs. The property may also be well suited for SBA 504 financing, potentially allowing a qualified owner-user to purchase with as little as 10% down. For investors, leasing both spaces at a projected market base rental rate of approximately $15.00/SF could generate a pro forma NOI of approximately $87,000 annually, nearly 9% Pro Forma CAP rate.
404 Newport – ±2,400 SF features a reception area, two private offices, open bullpen/work area with kitchenette, conference room, warehouse/storage space, and an overhead door.
406 Newport – ±3,400 SF features a reception area, six private offices, conference room with sink, two restrooms, warehouse/storage space, and an overhead door.
This property offers an excellent opportunity for an owner-occupant to operate from one building while leasing the second space to help offset ownership costs. The property may also be well suited for SBA 504 financing, potentially allowing a qualified owner-user to purchase with as little as 10% down. For investors, leasing both spaces at a projected market base rental rate of approximately $15.00/SF could generate a pro forma NOI of approximately $87,000 annually, nearly 9% Pro Forma CAP rate.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Sous-type de propriété
Taille du bâtiment
5 800 pi²
Classe d’immeuble
B
Année de construction/rénovation
2007/2020
Prix
1 370 160 $ CAD
Prix par pi²
236,23 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Superficie de plancher typique
5 800 pi²
Coefficient d’occupation des sols de l’immeuble
0,17
Taille du lot
0,78 AC
Zonage
Light Commercial - Zoné pour des activités commerciales légères. Aucun produit chimique dangereux.
Stationnement
28 places (4,83 places par 1 000 pi² loué)
Commodités
- Accès 24 heures
- Système de sécurité
- Réception
- Espace d'entreposage
- Climatisation
- Détecteur de fumée
Impôts fonciers
| Numéro de lot | 1935-0000-0031-006 | Évaluation des bâtiments | 991 467 $ CAD |
| Évaluation du terrain | 464 755 $ CAD | Évaluation totale | 1 456 223 $ CAD |
Impôts fonciers
Numéro de lot
1935-0000-0031-006
Évaluation du terrain
464 755 $ CAD
Évaluation des bâtiments
991 467 $ CAD
Évaluation totale
1 456 223 $ CAD
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