fo r sa l e com m ercial office #8 price: $5,180,000€¦ · asking price and term s asking price:...

CHRIS P GRIESBACH. BROKER

CHASE GRIESBACH, SALES AGENT

Lone Star Appraisals & Realty , INC

512.260.1221

512-426-3270

[email protected]

F O R SA L E

130 0 D acy L n . | Ky le, T X 78640CO M M ERCI A L O FFI CE # 8

Pr ice: $5,180,000

PRO PERT Y H I GH L I GH T S:

- Total N RA: +/ - 21,576 SF

- Pr ice Per Square Foot: $240 .0 8

- Si te Size: +/ - 2.0 0 acres or 87,120 SF

- 10 0 % O ccupancy

- 7% CAP Rate on year 1 PGI w i th 5% Vacancy and 20 19 actual expenses.

- Professional , M ed ical & D en tal O f f i ces




512.260.1221

512-426-3270

[email protected]

F O R SA L E


T h e O f f er i n g

L one Star Appr aisals & Real ty, I nc. has been retained to of fer qual i f ied buyer s the oppor tun i ty to purchase T he

D acy L ane Professional and M edical Cen ter . T h is p roper ty i s located at 130 0 D acy L n ., Ky le, Texas 78640 .

D acy L ane Professional & M ed ical Cen ter features 21,576 SF of p rofessional and m edical of f i ce space

d i rect ly across f rom the Seton M ed ical Cen ter in the sel f con tained com m un i ty of Ky le, T X . Two single-stor y

bu i ld ings featur ing Aust in L im estone of fer p r ivate en tr ances w i th 24-hour access, close par k ing, H igh -ef f i ciency ,

ind iv idual ly con trol led H VAC 24/ 7 and exter ior signage.

T h is of f i ce par k is conven ien t ly located in a develop ing com m un i ty in the ci ty of Ky le, ad jacen t to a

2,20 0 -acre m aster p lanned com m un i ty w i th over 7,0 0 0 residen ts. I -35 is just m inutes away and the of f i ce space

si ts d i rect ly across f rom Seton M ed ical Cen ter in the sel f - con tained com m un i ty of Ky le, about 35 m inutes south of

Aust in . Shopp ing and d in ing is conven ien t ly just 4 m i les away at Ky le Crossing.




512.260.1221

512-426-3270

[email protected]

F O R SA L E


Pr op er ty D escr i p t i on

L ocat i on : 130 0 D acy L n .

Ky le, T X 78640

Bu i l d i n g SQ FT : 28,644 SF

L an d Si ze: 2.0 0 acr es/ 87,120 SF

Year Bu i l t : 20 16

Pr op er ty I D : R115941

L egal D escr i p t i on : K YL E H EI GH T S SEC 2, L ot 13A , ACRES s

Z on in g: C-1 L ocal Com m er ci al

O ccu p an cy : 10 0 %

Con do Si zes: +/ - 640 SF - +/ - 3,90 6 SF

Ten an ts: Pr of essi on al , M ed i cal , D en tal

N u m ber of Bu i l d i n gs: 2




512.260.1221

512-426-3270

[email protected]

F O R SA L E


A sk in g Pr i ce an d Ter m s

A sk in g Pr i ce: $5,180 ,0 0 0 or $240 .0 8/ p sf

Aver age Ren t PSF: $24.48 - M od i f i ed Gr oss

Year 1 PGI : $528,0 93

Year 1 N O I $362,696

O ccu p an cy Rate: 10 0 %

Cap Rate: 7%




512.260.1221

512-426-3270

[email protected]

F O R SA L E


L oan Ter m s

Bu i l d i n g 1:

Pr i n ci p le Balan ce: $1,332,481

Ter m : 16 Year s

A m or t i zat i on : 16 Year s

I n ter est Rate: 4 .41%

Star t D ate: 8/ 9 / 20 17

M atu r i ty D ate: 8/ 1/ 20 33

M on th ly Pay m en t: $11,0 33.17

Bu i l d i n g 2:

Pr i n ci p le Balan ce: $1,181,348

Ter m : 17 Year s

A m or t i zat i on : 17 Year s

I n ter est Rate: 4 .0 1%

Star t D ate: 7/ 20 / 20 16

M atu r i ty D ate: 8/ 1/ 20 33

M on th ly Pay m en t: $9,544.36

O ver al l LT V: $2,513,829/ $5,180 ,0 0 0 = 49%




512.260.1221

512-426-3270

[email protected]

F O R SA L E





512.260.1221

512-426-3270

[email protected]

F O R SA L E


Si te Plan

fo r sa l e com m ercial office #8 price: $5,180,000€¦ · asking price and term s asking price:...

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