Custom Built Professional Office SALE or LEASE

Office for Sale
Catylist Listing ID: 30345801
Property Subtypes: Office Building
Building Status: Under Construction
Building Size (RSF): 2,994 SF
Gross Land Area: 0.31 Acres
Sale Price: $493,000
Unit Price: $164.66 PSF
Ceiling: 10 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 12/19/2018

Overview / Comments

This custom Garden Style Office is an incredible one-of-a-kind opportunity at the corner of S Jackson and Arroyo, next to Angelo MRI. Currently under construction, scheduled for completion no later than December 2018.

10 Private offices, Full Kitchen, Restrooms. Some of the unique features include vaulted ceilings and 10-11’ varied heights, Foam Batting Insulation, recessed lighting plus additional upscale hanging light fixtures, wood flooring, Granite Countertops, Security System with key pads, Paved parking front and back with Zero Scape surrounding the improvements.

Clearview Custom Homes (owner/developer) is comprised of an award-winning team available to completely design and construct incredible Garden Style office opportunities with efficient floorplans, interior design and custom details throughout the building process.

The property is currently offered For Sale or Lease. Sales price is based on an 8.5% Cap Rate at the Lease rate, Seller will continue sale/leaseback for up to 1 year while continuing to search for a tenant. The property could be purchased for an owner user prior to any signed leases.

Additional Details

Nearest MSA: San Angelo
County: Tom Green
Taxing Authority: Tom Green
Tax ID/APN: 02-11950-0003-014-00
Property Visibility: Excellent
Area Description: Surrounded by professional office with a mixture of some flex space. Multiple new business offices have opened within a 2 block radius within the last 3 years. Growth and development continues to increase along S. Jackson in this immediate area.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2018
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Parking is located in the front as well as in the back of the building
Total Parking Spaces: 13
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Legal Description: Being 0.312 Acres, Lot 14, Blk 3, Arroyo Park Subdivision

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,119 59,590 83,835
Median Age: 28.58 34.31 35.13
Households: 3,549 23,452 32,688
The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.