7600 Bayway Dr - Office FOR SALE


Baytown, TX 77520
$1,100,000 USD
281-573-4567
7600 Bayway Dr, Baytown, TX for Sale
$1,100,000 USD
Office - FOR SALE
1/10
null | 8.34% Cap Rate

7600 Bayway Dr
Baytown, TX 77520


OVERVIEW

Excellent investment opportunity with upside potential. A two-tenant income property located near EXXON/MOBLE on Bayway Drive in Baytown. 5,250 SF is built out as restaurant and occupied by Lercy’s. 2,250 SF is office and is occupied by EXXON/MOBIL. It is priced well below replacement cost and includes an additional 2.5 acres. Based on a Proforma of the current leases the CAP Rate 8.34 including allowances for maintenance and vacancies.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$93 USD /SF

CAP RATE

8.34%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

2.85 AC

LAND SF

124,146 SF

ZONING

NSC

APN/PARCEL ID

0591430000240

ASK ABOUT THIS PROPERTY

Billy CombsCombs Commercial Investment PropertiesMore Info
281-573-4567

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Billy CombsCombs Commercial Investment PropertiesMore Info
281-573-4567

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