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$795,000 USD
1228 Logan St
Texas City, Texas 795000
USA
Texas City, Texas 795000
USA
753.233 m2 ::
8,108 sqft
Commercial for Sale, Office Building
Land size: 0.29 ha ::
0.72 acres
Sale price per sqm: 1,055.42
Remarks:
The building is 100% leased with great upside for additional income growth. The owners have always done gross leases with not bill back for operating costs. The tenants have also been kept on shorter term leases, but one has been there since 1985 and another one since 2005. This building is one of three office buildings developed by the same group as medical offices. This is the second to be sold with the potential of another one that is across Logan Street. Income is $78,297 per year and the NOI currently is around $45,000. The building is two stories and has an elevator. There are 5 lease spaces and the building is 100% leased. The tenants consist of a medical office, attorney, engineering group and two counselling tenants.
Features:
- Year Built: 1987
- Number of Levels: 2
- Property type: Office Building
Location:
1228 Logan St, Texas City, Texas 795000, USA
Listed By CENTURY 21 Paramount
The Commercial for Sale, Office Building located at 1228 Logan St, Texas City, Texas 795000, USA is currently for sale. 1228 Logan St, Texas City, Texas 795000, USA is listed for $795,000 USD. This property has 8,108 sqft. If the property located at 1228 Logan St, Texas City, Texas 795000, USA isn't what you're looking for, search Texas Real Estate to see other Commercial For Sale in Texas City.