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606 Gulf Fwy

6,120 SF Flex Building Texas City, TX 77591 $1,695,000 ($277/SF)

Executive Summary

Prime investment or owner user property with additional land to expand the existing or add a second building. There is a 5 year lease that was just signed in March of 2024. Rent is $6,000 per month and steps up to $6,500 the second year and then $7000 per month for the last 3 years of the lease. The lease is a modified gross lease with the tenant paying for all utilities and maintenance. The landlord takes care of property taxes, insurance on the structure, roof and hvac replacement. There are two hvac units and one was just replaced.

Property Facts

Price $1,695,000
Price Per SF $277
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Showroom
  • General Retail Daycare Center
  • General Retail Freestanding
  • Industrial Service
Building Class B
Lot Size 1.50 AC
Rentable Building Area 6,120 SF
No. Stories 1
Year Built 1995
Tenancy Single
Parking Ratio 3.92/1,000 SF
Clear Ceiling Height 12 FT
No. Drive In / Grade-Level Doors 2

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 6,120 SF
  • Flex
  • -
  • Now
Space Size Space Use Condition Available
1st Floor 6,120 SF Flex - Now

1st Floor

Size
6,120 SF
Space Use
Flex
Condition
-
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5242-0000-0012-002
Land Assessment
$163,350
Improvements Assessment
$181,650
Total Assessment
$345,000
  • Listing ID: 30541140

  • Date on Market: 1/5/2024

  • Last Updated:

  • Address: 606 Gulf Fwy, Texas City, TX 77591

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