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New to the market 326 S Enterprize Pky

11,475 SF 100% Leased Office Building Corpus Christi, TX 78405 $1,510,000 ($132/SF) 7.23% Cap Rate

Investment Highlights

  • Concrete tilt wall construction
  • Located in the center of the Coastal Bend with convenient access to all major vehicular travel routes
  • Priced well below replacement value

Executive Summary

Dual tenant property
Occupancy-100%
Monthly Net Income: $9,094.37
NOI-Net Operating Income (Annual): $109.133.00
Tenants:
1)Compassus Home Health
www.compassus.com
2)(API) American Piping Inspection
americanpipinginspection.com

Financial Summary (Pro forma - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
11,475 SF
Building Class
B
Year Built
1986
Price
$1,510,000
Price Per SF
$132
Cap Rate
7.23%
NOI
$109,133
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,475 SF
Building FAR
0.24
Land Acres
1.09 AC
Zoning
I-2 - Zoned Industrial (I-2)
Parking
19 Spaces (1.66 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • American Piping Inspection
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Compassus is a national leader in providing high-quality, compassionate, person-centered care to individuals wherever they call home. Their continuum of post-acute care services ensures patients and their families have the support they need to address current and future health needs. Partnering with Compassus brings peace of mind to patients, caregivers, and health care providers. Their team members work collaboratively to manage patient conditions and meet goals of care alongside referring physicians, health systems, long-term care partners, and family members. Their value is in the compassion and expertise of their teams, which act as an extension of patients’ existing care teams. They believe everyone who interacts with them should experience their individualized Care for who they are philosophy, from the care services they provide to patients and families to how they interact with their partners and one another.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
American Piping Inspection Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
275106
Land Assessment
$118,893
Improvements Assessment
$514,673
Total Assessment
$633,566
  • Listing ID: 27754970

  • Date on Market: 2/14/2023

  • Last Updated:

  • Address: 326 S Enterprize Pky, Corpus Christi, TX 78405

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