606 Gulf Fwy - Showroom FOR SALE


Texas City, TX 77591
$1,695,000 USD
281-639-5027
606 Gulf Fwy, Texas City, TX for Sale
$1,695,000 USD
Showroom - FOR SALE
1/17
null | Request Cap Rate

606 Gulf Fwy
Texas City, TX 77591


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$277 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Day Care Center, Freestanding, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.5

LAND SF

65,340

ZONING

-

APN/PARCEL ID

5242-0000-0012-002

ASK ABOUT THIS PROPERTY

Bill RachnerBoatman Realty, LLCMore Info
281-639-5027

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Bill RachnerBoatman Realty, LLCMore Info
281-639-5027

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.