6222 Greenwood Drive, Corpus Christi, TX 78417

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Tray B.

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Suite Space Type Pricing Size
--- Industrial Space For sale: Contact for Pricing

Excellent Auto Repair/Maintenance Facility with Good and Access and Location.

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Building Details:

6222 Greenwood Drive is an industrial property for lease in Corpus Christi, TX. The property currently has 1 industrial space for lease and is marketed by .

Net leased 9,000 SF facility occupied by Xtreme Customs and Off-Roading with a five year lease commencing July 1, 2015. Rent increases after first 3 years of term. Sale price is established with a 12% Cap Rate on current net operating income. Landlord sole responsibilities are building structure, glass and windows, and HVAC condensing unit and air handler. Tenant responsible for all insurance, taxes and maintenance.

• NNN LEASED INVESTMENT
• 5 YEAR TERM EXPIRES 6/30/2020
• 12% CAP RATE
• CURRENT RENT: $5,500/mo.
• RENT INCREASE 7/1/2018 TO $5,800/mo.

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