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Emmanuel Place 921 Texas Blvd

15,000 SF 75% Leased Office Building Texarkana, TX 75501 £340,366 (£23/SF)

Executive Summary

Approximately 15,000 square feet physician's office across the street from Wadley Hospital in Texarkana, Texas.
App. 7,500 sq.ft. of finished office space on the 1st floor and app. 7,500 sq.ft. of unfinished space on the 2nd floor.
The 1st floor is 75% leased with an annual income of over $50,000.00 with 5% annual increases in rent.
Th tax appraisal office has a market value of $552,000.00 and a replacement cost of $900,000.00

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
15,000 SF
Building Class
C
Year Built
1986
Price
£340,366
Price Per SF
£23
Percent Leased
75%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
7,500 SF
Building FAR
0.72
Lot Size
0.48 AC
Opportunity Zone
Yes
Parking
38 Spaces (2.53 Spaces per 1,000 SF Leased)
  • Listing ID: 33126559

  • Date on Market: 10/09/2024

  • Last Updated:

  • Address: 921 Texas Blvd, Texarkana, TX 75501

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