PORBOY STORAGE | 2762 TX-21
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PORBOY STORAGE 2762 TX-21
25,000 SF Light Industrial Building Caldwell, TX 77836 £911,180 (£36/SF) 7.54% Net Initial Yield
Investment Highlights
- Land for expansion included in the sale, including an already poured concrete slab
- Access directly from Highway 21
- Opportunities to significantly improve revenue through increasing physical and economic occupancy
- Strong traffic counts with over 16,000 VPD
- Very limited competition in this market as there are only 2 other storage facilities in a 5-mile radius
Executive Summary
Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc.
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc.
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
Property Facts Under Contract
Price | £911,180 | Lot Size | 4.78 AC |
Price Per SF | £36 | Rentable Building Area | 25,000 SF |
Sale Type | Investment | Number of Floors | 1 |
Net Initial Yield | 7.54% | Year Built | 2021 |
Property Type | Light Industrial | Tenancy | Single |
Building Class | B |
Price | £911,180 |
Price Per SF | £36 |
Sale Type | Investment |
Net Initial Yield | 7.54% |
Property Type | Light Industrial |
Building Class | B |
Lot Size | 4.78 AC |
Rentable Building Area | 25,000 SF |
Number of Floors | 1 |
Year Built | 2021 |
Tenancy | Single |
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PROPERTY TAXES
Parcel Number | 31366 | Improvements Assessment | £895,926 |
Land Assessment | £181,336 | Total Assessment | £1,077,262 |
PROPERTY TAXES
Parcel Number
31366
Land Assessment
£181,336
Improvements Assessment
£895,926
Total Assessment
£1,077,262
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PORBOY STORAGE | 2762 TX-21
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