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628 Centre St 6,800 sq ft 100% Let Office Property Dallas, TX 75208 £1,579,422 (£232.27/sq ft) 6.80% Net Initial Yield
EXECUTIVE SUMMARY
Office/medical for sale, move-in ready condition, breakroom, private offices, reception area, just off of Jefferson Blvd and a few blocks from Bishop Arts. The building has a long term lease suite A and the suite B is currently owner occupied. Owner will consider vacating if purchaser wishes to occupy 3400 SF.
The building is in excellent condition and features nice office finish out, 9 offices, conference room, large reception area, 2 restrooms, breakroom with kitchen, and on-site parking. Additional parking may be arranged across the street with a remote parking agreement with a 3rd party owner.
The building is in excellent condition and features nice office finish out, 9 offices, conference room, large reception area, 2 restrooms, breakroom with kitchen, and on-site parking. Additional parking may be arranged across the street with a remote parking agreement with a 3rd party owner.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Property Size
6,800 sq ft
Costar Property Class
B
Year Built/Renovated
1958/2019
Price
£1,579,422
Price per sq ft
£232.27
Yield
6.80%
NOI
£107,401
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
6,800 sq ft
Plot ratio
0.33
Total Plot Size
0.48 ac
Use Class
Office
Parking
25 Spaces (3.68 Spaces per 1,000 sq ft Leased)
AMENITIES
- Conferencing Facility
- High Ceilings
- Natural Light
- Air Conditioning
Walk Score®
Easily Walkable (88)
PROPERTY TAXES
| Parcel Number | 00000257623000000 | Improvements Assessment | £831,077 |
| Land Assessment | £394,856 | Total Assessment | £1,225,933 |
PROPERTY TAXES
Parcel Number
00000257623000000
Land Assessment
£394,856
Improvements Assessment
£831,077
Total Assessment
£1,225,933
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628 Centre St
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