Listed by Maestri Murrell Real Estate
$5,400,000
1026 E Worthey St.
Details
APN 20000005
Property Type Office
Sub Type Executive Office
Square Footage 46,959
Cap Rate 8.50%
NOI $459,234
Occupancy 93.02%
Lease Type Net
Price per SqFt $116
Class B
Year Renovated 2022
Buildings 5
Acreage 3.900
Zoning B-1
Office | 8.50% CAP | 46,959 SqFt
Marketing description
Located in Gonzales, the East Worthey office park consists of updated modern, professional office spaces. At 46,959 square feet, this meticulously remodeled complex has infused new life into the property, with new HVAC systems, flooring, lighting fixtures, and fresh coats of paint. The office park hosts a variety of tenants, including State offices, engineering firms, industrial offices, childcare, and medical uses. This is an excellent investment opportunity in a growing and developing market.
Listing Contacts
Listed by Maestri Murrell Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$459,234.12
$38,269.51/mo
Valuation Metrics
0
DSCR
8.5%
Cap Rate
8.5%
ROI
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