OFFICE DEPOT - INTERSTATE 45 AND BUSINESS 287

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PROPERTY STATUS:
Current Status:  Available
PROPERTY DETAIL:
Title: Office Depot
Street Name 1:  Interstate 45
Street Name 2:  Business 287
City/County/State Corsicana/Navarro/Texas
Zipcode:  75110
Acres of Land:  2.48 AC
Bldg Square Ft.:  20,931 SF
Price:  $2,836,000
Cap Rate: 
Annual Rent:  $219,776/ YR $10.50/ SF YRS 1-11
Lease Term:  11.5 years
Options:  4 x 5 years with $.75 increases each 5 years
Notes:  Landlord responsible for roof and structure
Projected Rent Commencement: March 29, 2008
AERIAL PHOTOS:
EAST    
LOCATION MAP:
CLICK HERE FOR MAPS AND DIRECTIONS
DEMOGRAPHICS:
Demographic statistics are for years 2008 through 2010
Variable LabelPopulationMedian Household Income% Pop. Growth
1 Mile1,030$18,538.001%
3 Mile14,404$26,565.001.3%
5 Mile25,515$33,143.001.4%
TRAFFIC COUNTS:
LocationCountYear Count Taken
Interstate 4528,5002008
Business 28711,9002008

 
Mays & Company Real Estate Development, LLC | 5949 Sherry Lane Suite 1570 Dallas, TX 75225 | (214) 363-8400 | (214) 363-8409