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28335461
28194559

2020 N Bus Hwy 35, Aransas Pass, TX 78336

MC
TX 0409080
Cravey Real Estate Services Inc
Listed by Cravey Real Estate Services Inc
$1,625,000
215 days on market
Updated 50 days ago

Net Leased Office/Warehouse

Details
Property Type Industrial, Mixed Use (+1)
Sub Type Traditional Office, Warehouse
Square Footage 8,625
Cap Rate 7.00%
Occupancy 100%
Tenancy Single
Rent Bumps Yes
Price per SqFt $188
Year Built 2018
Buildings 1
Acreage 1.000
Investment Type Net Lease
Ground Lease No

Industrial | 7.00% CAP | 8,625 SqFt

Marketing description

This fully leased office/warehouse property offers a rare, long-term investment opportunity in Aransas Pass. Located on a 1 acre lot along Business Highway 35, the 8,625 SF building combines functionality and professional appeal. The property includes 3,750 SF of high bay warehouse space with drive-thru, roll-up garage doors; 3,750 SF of office space with multiple private offices, reception, restrooms, a server room and open area; and 1,125 SF of dedicated storage space with 1 dock-high and 1 ground-level roll-up door. The building is fully leased to a national credit tenant — an established engineering and design firm — providing a secure and predictable income stream.

The lease runs through October 2030 with annual base rent currently at $13.60/SF NNN with 3% annual increases and options to extend. Operating expenses are minimal, estimated at $2.00/SF/year, and are fully passed through to the tenant, including taxes, insurance and all utilities. This lease structure ensures a reliable net operating income.

Offered at $1,625,000, the property provides a strong 7.0% capitalization rate based on current income, supported by a long-term lease and dependable tenant. With its prime location, national credit tenant and fully leased status, this offering presents a low-risk, stable investment opportunity ideal for buyers seeking reliable cash flow and long-term value.

Investment highlights

  • Fully Leased NNN Property – tenant responsible for taxes, insurance, CAM & all utilities
  • National Credit Tenant – long-term lease with a stable, high-quality engineering & design firm
  • Lease term through October 2030 with options to extend, providing predictable, secure cash flow.
  • 3% annual base rent escalations deliver growing income over the lease term
  • Prime Location – Situated along Business Highway 35, offering visibility and accessibility
  • Outside Aransas Pass city limits

Listing Contacts

MC
TX 0409080
Cravey Real Estate Services Inc
Listed by Cravey Real Estate Services Inc

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