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8988894
8988551

2104 Cedar Dr, La Marque, TX 77568

Edgewater Realty
Listed by Edgewater Realty
$259,000
1325 days on market
Updated 44 days ago
Opportunity zone

2104 Cedar Dr

Details
Property Type Office
Sub Type Creative Office, Traditional Office
Square Footage 6,349
Net Rentable (SqFt) 6,349
Tenancy Vacant
Pro-Forma Cap Rate 25.02%
Pro-Forma NOI $64,800
Price per SqFt $41
Broker Co-Op Yes
Class C
Year Built 1960
Year Renovated 2015
Buildings 1
Stories 1
Lot Size (SqFt) 11,340
Parking Spaces spaces
Investment Type Owner/User
Ground Lease No

Office Space, Warehouse, HUGE Parking Lot

Marketing description

This office building with warehouse is the perfect opportunity for a small and growing business and offers a variety of space, including 7 office spaces (1 executive, 6 standard), 2 conference rooms (1 large, 1 small), lobby and reception area, large break area with 2 bathrooms and kitchenette, storage room, and warehouse. The office space is approximately 3400 sqft and the warehouse space is approximately 3000 sqft. Perfect for trades like plumbing, HVAC, electrical, pest control, or light transportation, light manufacturing, repair facility, showroom, sales floor, retail shop with offices, property management company, etc. Interior walls can be removed by future owner and office layout can be altered.

Plus, there are 6 parking spaces up front and room for at least 30 parking spaces inside the gated lot. Perfect for large trucks, dumpsters, etc. The property is currently vacant and ready for its next owner to build out.

Estimated monthly rent is $5400 for $64,800 NOI ($12/sqft/yr for office space, $8/sqft/yr for warehouse space).

Investment highlights

  • 7 office spaces (1 executive, 6 standard)
  • 2 Conference rooms (1 large, 1 small)
  • Lobby and Reception Area
  • Large break area with 2 bathrooms and kitchenette
  • Storage room
  • Warehouse
  • Approximately 3400 sqft of office space, 3000 sqft of warehouse space
  • Fully fenced and gated
  • 6 parking spaces out front plus space for an additional 30 spaces inside of the gated lot
  • Estimated monthly rent is $5400 for $64,800 NOI ($12/sqft/yr for office space, $8/sqft/yr for warehouse space).

Listing Contacts

Edgewater Realty
Listed by Edgewater Realty

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Additional Information

Name
Jonathan Brubaker
License
644447
Brokerage
Edgewater Realty
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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