Property History
We are pleased to present 1261 Butler Road, a two-building, ±15,300 SF office/warehouse investment located in deed-restricted Brittany Business Park in League City, Texas. The Property is 100% leased on a triple-net (NNN) basis to two service-oriented, small-bay industrial users with credit and good term remaining.
The asking price of $3,495,000 is directly supported by actual lease contracts plus conservative future cash flow assumptions, using a 6.50% discount rate and an 8.50% exit capitalization rate (Year-11 NOI).
Ideal low cap-ex, NNN investment property with near institutional grade construction, location, and credit.
Perfect for small investors and 1031 Exchange.
Key Property Facts
• Land Area:±0.8187 acres / 35,663 SF• Building Area: +/-15,300 SF (+/-7,100 Bldg. A, +/-8,200 Bldg. B)• Year Built: 2013 (Building A) and 2015 (Building B)• Office Finish: ±25%• Clear Height: +/-14'–16' in warehouse areas• Loading:grade-level overhead doors• Construction:Standing seam metal building with brick office fronts; concrete slab foundation; metal roof• Zoning:CG –Commercial General (League City)• Flood Zone: FEMA Zone X, outside the 100-year flood hazard area (no observed Harvey damage as of 2019 appraisal).
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
Contacts
Map
Comparable Properties
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