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Office

Tuscan On Walnut Creek

600 Strada Cir, Mansfield, TX 76063

Listing Price: $1,075,000

Cap Rate
6.41%
Gross SF
5,263
Rentable SF
5,263
Price/Gross SF
$204.26
Lot Size
0.36 acres
Year Built
2007

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to offer for sale of the fee simple ownership interest in 600 Strada Circle, in Mansfield, Texas. The property is currently occupied by an investment advisor, counseling firm, a chiropractor, a massage therapist and a business consultant.

The subject property was built in 2007 and has been held by the seller for over the last 13 years. The current tenants have full service gross leases in place and the property is currently fully occupied by a variety of tenants.

The multi-tenant, office building contains 5,236 square feet of total rentable area and is conveniently located less than one miles away from Highway 287 allowing for easy access to the property. The property is located on Strada Circle, across from the Tuscany on Walnut Creek Office Park and next to Berkson Medical. The property benefits from strong demographics, serving a five-mile population of approximately 133,088 residents with a one-mile average household income exceeding $80,253.

Investment Highlights

  • Value-Add Investment
  • Upside Through Lease Adjustments
  • 100% Occupied
  • Highly Desired Office Space
  • Densely Populated Area with 133,088 Residents Within Five Miles
  • Newer 2007 Construction

Exclusively Listed By

Listing Price: $1,075,000

Cap Rate
6.41%
Gross SF
5,263
Rentable SF
5,263
Price/Gross SF
$204.26
Lot Size
0.36 acres
Year Built
2007

Investment Highlights

  • Value-Add Investment
  • Upside Through Lease Adjustments
  • 100% Occupied
  • Highly Desired Office Space
  • Densely Populated Area with 133,088 Residents Within Five Miles
  • Newer 2007 Construction

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to offer for sale of the fee simple ownership interest in 600 Strada Circle, in Mansfield, Texas. The property is currently occupied by an investment advisor, counseling firm, a chiropractor, a massage therapist and a business consultant.

The subject property was built in 2007 and has been held by the seller for over the last 13 years. The current tenants have full service gross leases in place and the property is currently fully occupied by a variety of tenants.

The multi-tenant, office building contains 5,236 square feet of total rentable area and is conveniently located less than one miles away from Highway 287 allowing for easy access to the property. The property is located on Strada Circle, across from the Tuscany on Walnut Creek Office Park and next to Berkson Medical. The property benefits from strong demographics, serving a five-mile population of approximately 133,088 residents with a one-mile average household income exceeding $80,253.

Exclusively Listed By

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