Building K | 1001 Water St
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Building K 1001 Water St
12,022 SF Office Building Kerrville, TX 78028 £2,272,320 (£189/SF)
Investment Highlights
- Leased through April 2029,
- Over 12,000 sqft of rentable space in a flexible layout
- On the Guadalupe River's bank in downtown Kerrville
Executive Summary
12,000 office sqft on the Guadalupe River bank: 8 private offices, secure accounting area, conference room, majority as open flexible space, computer room, file room, break area.
Currently, one national tenant leasing all the space with 5 years left and annual bumps.
The well laid out space could be divided into two or possibly three tenant spaces in the future as leasing needs change.
Currently, one national tenant leasing all the space with 5 years left and annual bumps.
The well laid out space could be divided into two or possibly three tenant spaces in the future as leasing needs change.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
12,022 SF
Building Class
B
Year Built
2003
Price
£2,272,320
Price Per SF
£189
Tenancy
Single
Number of Floors
1
Typical Floor Size
12,022 SF
Building FAR
0.18
Land Acres
1.50 AC
Zoning
PD - Planned Development is Kerrville's custom zoning. We have the ordinance and office condominium restrictions on file, use the link below to download–
Parking
78 Spaces (6.49 Spaces per 1,000 SF Leased)
Amenities
- Waterfront
- Central Heating
- Open-Plan
- Air Conditioning
- Fiber Optic Internet
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Walk Score ®
Very Walkable (70)
PROPERTY TAXES
Parcel Number | R70025 | Improvements Assessment | £1,105,293 |
Land Assessment | £184,435 | Total Assessment | £1,289,728 |
PROPERTY TAXES
Parcel Number
R70025
Land Assessment
£184,435
Improvements Assessment
£1,105,293
Total Assessment
£1,289,728
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Building K | 1001 Water St
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