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20933567
20933568

1720 E Iowa Rd, Edinburg, TX 78542

FG
TX 539643
Coldwell Banker Commercial Rio Grande Valley
JG
TX 744008
Ursa Real Estate, LLC
Listed by Coldwell Banker Commercial Rio Grande Valley, Ursa Real Estate, LLC
$3,700,000
542 days on market
Updated 91 days ago

1720 E Iowa Road, Building A

Details
Property Type Industrial, Mixed Use (+1)
Sub Type Flex, R&D
Square Footage 45,591
Net Rentable (SqFt) 41,591
Units 1
Occupancy 100%
Tenancy Single
Brand/Tenant Maximus
Lease Type NNN
Lease Term 3
Lease Expiration 12/31/2025
Remaining Term 1
Rent Bumps Yes
Lease Options 2
Price per SqFt $81
Broker Co-Op Yes
Class A
Year Built 1981
Year Renovated 2011
Buildings 1
Stories 1
Acreage 2.700
Zoning General Industrial
Parking Spaces 409 spaces
Parking Per SqFt 8.97
Investment Type Owner/User
Tenant Credit Credit Rated
Lease Commencement 04/29/2011
Occupancy Date 04/29/2011
Ground Lease No
Ownership Fee Simple
Sale Condition For sale by owner

Class A Office / Industrial | | 45,591 SF

Marketing description

This excellent and well maintained office / industrial building is located just off Highway 281 (I-69C) in Edinburg, Texas and has been the location for Maximus Inc. for 13 year. Built out as a Class A Office building, this property is an excellent opportunity for investors or end users to purchase an institutional grade office at much less than replacement value.

With a strong location just minutes from Expressway 281, proximity to multiple commercial, industrial, and institutional uses, and an excellent price point, this mixed use building is a great choice for the investor or end-user.

Investment highlights

  • Immediate Proximity to Expressway 281

  • Existing Tenant In Place (Maximus Inc.)

  • Large Versatile Property With Multiple Buildings, Acreage, and Industrial/Commercial Use

  • Multiple Access Points

Listing Contacts

FG
TX 539643
Coldwell Banker Commercial Rio Grande Valley
JG
TX 744008
Ursa Real Estate, LLC
Listed by Coldwell Banker Commercial Rio Grande Valley, Ursa Real Estate, LLC

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Additional Information

Name
Felo Guerra
License
539643
Brokerage
Coldwell Banker Commercial Rio Grande Valley
Title
Senior Associate
Brokerage Address
508 East Dove Avenue
Name
Jacob Galvan
License
744008
Brokerage
Ursa Real Estate
Brokerage Phone
956-363-1179
Title
Senior Associate
Brokerage Address
4925 South Jackson Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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