Wadel Connally Bldg

Office for Sale
Catylist Listing ID: 30349545
Property Subtypes: Office Building
Building Size (RSF): 31,146 SF
Gross Land Area: 1.39 Acres
Sale Price: $2,349,000
Unit Price: $75.42 PSF
Property Use Type: Investment
Building Name: Wadel Connally Building
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 8.6%
Average Occupancy Rate: 100
Last Updated: 5/10/2019

Overview / Comments

Please contact the agent for more information about this listing.


Finance Data Year 2019
Potential Rental Income $374,772 (Annual)
Gross Operating Income $374,772 (Annual)
Net Operating Income $201,742 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: Tyler
County: Smith
Tax ID/APN: 150000003200008030
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 10,382 SF
Year Built: 1909
Year Renovated: 2000
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: 2 parking lots. Front lot 30 spaces, Rear lot 125 spaces
Total Parking Spaces: 155
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, T1/T3
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,223 57,182 92,902
Median Age: 28.4 31.45 33.83
Households: 3,499 19,937 35,518


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