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21224154
21224156

1401-1405 Sidney Baker St, Kerrville, TX 78028

Boehm Commercial Group
Listed by Boehm Commercial Group
$3,700,000
510 days on market
Updated 42 days ago

Office/Retail Location For Sale in Kerrville

Details
Property Type Office, Retail
Sub Type Traditional Office, Office Building
Square Footage 10,000
Cap Rate 6.86%
NOI $254,000
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Class A
Year Built 2016
Buildings 2
Stories 1
Acreage 0.930
Zoning Office/Retail
Parking Spaces spaces
Investment Type Stabilized
Tenant Credit Credit Rated
Ownership Fee Simple

Office/Retail Location For Sale in Kerrville

Marketing description

For Sale - 1401 - 1405 Sidney Baker St, Kerrville, TX 78028. This property features two well-maintained buildings totaling over 10,000 square feet on 0.93 acres, offering an outstanding 6.5% cap rate. 1401 Sidney Baker St: 5,472± SF & 1405 Sidney Baker St: 4,620± SF. With leases in place, backed by strong guarantees, this property provides immediate income potential for savvy investors. The buildings offer ample parking and are strategically located along one of Kerrville's most trafficked streets, with great proximity to IH-10 and downtown Kerrville. Please do not disturb current tenants.

Investment highlights

  • For Sale - 1401 - 1405 Sidney Baker St, Kerrville, TX 78028

  • Price = $3,700,000

  • Cap Rate = 6.5% +/-

  • Two buildings totaling over 10,000 square feet on 0.93 acres

  • 1401 Sidney Baker St: 5,472± SF & 1405 Sidney Baker St: 4,620± SF

  • Leases in place, backed by strong guarantees

  • Great visibility with proximity to IH-10 and downtown Kerrville.

  • Please do not disturb current tenants.

Listing Contacts

Boehm Commercial Group
Listed by Boehm Commercial Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$254,000.00
$21,166.67/mo

Valuation Metrics

0
DSCR
6.86%
Cap Rate
6.86%
ROI

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