Investment Opportunity
$1,250,000
2300 Mustang Road, Alvin, TX 77511
For Sale
Office
Active
Last Updated: 08/16/2022
5.82
Cap Rate
72,760
NOI
Details:
Cap Rate: 5.82%
NOI: $72,760
Building Size: 3,108 sqft
Lot Area: 2.68 acres
Occupancy: 100%
Lease Type: Absolute Net
Year Built: 1977
Tenancy: Single
Floors: 1
Parking Spots: 29
Investment Strategy: Opportunistic
Lease Expire Year: 2026
Highlights:
- 4.5 year term remaining
- Absolute NNN Ground Lease
- NOI $72,760
- 3,108 sf Office Space
- 8,880 sf Steel Awning
- Stabilized yard
- 29 Parking Spaces
Description:
Prime Investment Opportunity! Occupied since 1977 by a national credit tenant with zero Landlord responsibilities.
Documents:
Title | ||
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Mustang_Rd_Flyer_opt.pdf |
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Location
