Investment Overview
Invest in this prime office building opportunity, boasting a spacious 17,800 SF building with a coveted 100% occupancy rate. The property features a single unit and offers significant potential for a discerning investor. Built in 1960 and zoned GR, this well-maintained asset presents a solid investment in the thriving Burleson area. With its strategic location and high occupancy, this property is a lucrative addition to any commercial real estate portfolio. Take advantage of this rare chance to acquire a sought-after office building with a strong rental history in a growing market. 7.19% Cap rate in year one is passed on total sales price if you take out value of additional land it is 8-8.25% Cap rate.
Investment Highlights
- 17,800 SF building
- 7+ Years left of original lease.
- 5% increases every 2 years
- 2- 5 year options
- 100% occupancy
- Land for Expanded Development
- Zoned GR
- Located in Burleson area