Office Depot NNN Lease 1737 S. Staples Street, Corpus Christi, TX Cap Rate 6.35% Corpus Christi ( Texas, US ) Built

$5,200,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 27,000 sq. ft.
  • Development Level: Built
  • Lot Size: 1.89 acres
  • Year Built: 1998

Description

Office Depot NNN Lease 1737 S. Staples Street, Corpus Christi, TX Cap Rate 6.35%

Cap Rate: 6.35%
NOI: $329,940
Building Size: 27,000 sqft
Lot Area: 1.8935 acres
Year Built: 1998
Price Per Sqft: $192.59

Price: 5,200,000 USD

DESCRIPTION
The Smith Company is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the Office Depot property located at 1717 S. Staples Street, Corpus Christi, Texas. The recently extended lease has 5 years remaining, along with 4, 5-year renewal options which permit Office Depot to occupy the property until 2045. Office Depot has been at this location since 1998. The property is a mature, tested store. The property is located at a corner site on 1.89 acres of land in a densely populated area near the downtown of Corpus Christi. Numerous office supply users including city-county-federal offices, large office tenants and the city's medical districts are located nearby.

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

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Information is deemed to be correct but not guaranteed.