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Executive Business Center at the Grove 3805 Plantation Grove Blvd

32,146 SF 100% Leased Office Building Mission, TX 78572 £5,444,100 (£169/SF) 10.28% Net Initial Yield

Executive Summary

Heigh end tenants 80 suites and commercial spaces .

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income £559,843 £17.42
Other Income - -
Vacancy Loss - -
Effective Gross Income £559,843 £17.42
Taxes £13,961 £0.43
Operating Expenses £107,545 £3.35
Total Expenses £121,506 £3.78
Net Operating Income £438,337 £13.64

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £559,843
Annual Per SF £17.42
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £559,843
Annual Per SF £17.42
Taxes
Annual £13,961
Annual Per SF £0.43
Operating Expenses
Annual £107,545
Annual Per SF £3.35
Total Expenses
Annual £121,506
Annual Per SF £3.78
Net Operating Income
Annual £438,337
Annual Per SF £13.64

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
32,146 SF
Building Class
B
Year Built
2003
Price
£5,444,100
Price Per SF
£169
Net Initial Yield
10.28%
NOI
£559,653
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
14,663 SF
Building FAR
0.74
Land Acres
1.00 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C3 - Mixed Use Zoning , Flex Space , Beauty Suites , Excecutive Business Suits All Inclusive , Office Space , Commercial Space Street Front
Parking
100 Spaces (3.41 Spaces per 1,000 SF Leased)

Amenities

  • Controlled Access
  • Conferencing Facility
  • Courtyard
  • Property Manager on Site
  • Kitchen
  • Central Heating
  • Natural Light
  • Wi-Fi
  • Air Conditioning
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PROPERTY TAXES

Parcel Numbers
Multiple
  • P7050-00-000-03A1-00
  • P7050-00-000-001A-00
 Total Assessment £2,507,998
Land Assessment £703,582 Annual Taxes £13,961 (£0.43/sf)
Improvements Assessment £1,804,416 Tax Year 2023

PROPERTY TAXES

Parcel Numbers
Multiple
  • P7050-00-000-03A1-00
  • P7050-00-000-001A-00
Land Assessment
£703,582
Improvements Assessment
£1,804,416
Total Assessment
£2,507,998
Annual Taxes
£13,961 (£0.43/sf)
Tax Year
2023
(210) 237-2200

  • Listing ID: 32734958

  • Date on Market: 08/08/2024

  • Last Updated:

  • Address: 3805 Plantation Grove Blvd, Mission, TX 78572

The Office Property at 3805 Plantation Grove Blvd, Mission, TX 78572 is currently available For Sale. Contact Domit International for more information.

Office PROPERTIES IN NEARBY NEIGHBOURHOODS

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3805 Plantation Grove Blvd, Mission, TX for sale Building Photo- Image 1 of 4
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© 2024 CoStar Group

Executive Business Center at the Grove | 3805 Plantation Grove Blvd
(210) 237-2200 x

Executive Business Center at the Grove | 3805 Plantation Grove Blvd

Antun Tony Domit

(210) 237-2200

(210) 237-2200

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