Catylist ID:
#30329611
| Catylist Listing ID: | 30329611 |
| Property Subtypes: | Office Building |
| Building Size (RSF): | 32,777 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 4.13 Acres |
| Sale Price: | $3,495,000 |
| Unit Price: | $106.63 PSF |
| Property Use Type: | Net Leased Investment (NNN), Investment |
| Building Name: | Woodgate I |
| Class of Space: | Class B |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/6/2018 |
Overview / Comments
|
Nearly $750,000 of Improvements Including: New roof with 20 year warranty Newly remodeled office suites New HVAC units LED exterior lighting Landscaping upgrade & dead tree removal Parking lot seal coat and striping New paint and flooring in the common area hallway EXCELLENT OWNER/USER OPPORTUNITY HUGE upside in rents, future income and value Purchase for less than 1/2 the cost of new construction |
Attachments & Media
Additional Details
| Nearest MSA: | Tyler |
| County: | Smith |
| Property Visibility: | Good |
| Highway Access: | Loop 323 & New Copeland Road |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Year Built: | 1977 |
| Year Renovated: | 2017 |
| Roof Type: | Flat |
| Construction/Siding: | Brick |
| Parking Ratio: | 2.2 (per 1000 SF) |
| Parking Type: | Surface |
| Total Parking Spaces: | 73 |
| Sprinklers: | None |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Zoning Description: | RPO |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,892 | 65,220 | 111,717 |
| Median Age: | 38.03 | 36.24 | 34.49 |
| Households: | 4,399 | 27,439 | 43,469 |
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