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2249 Lipan Street
Corpus Christi, TX 78408
Asking Price
$850K
Asset Type
Warehouse Industrial
Class
Class B
What's Special
Industrial Warehouse | 19,294 SF <ul><li>±19,294 SF industrial office/warehouse (primarily warehouse) on 0.67-acre site with fenced yard and paved access</li><li>One (1) ramp with overhead door + three (3) grade-level overhead doors</li><li>480V electrical service suitable for industrial equipment</li><li>±20’ clear height with exposed trusses</li><li>Warehouse layout can accommodate up to 224 rack bays (high-density storage potential)</li><li>Convenient access to IH-37, US 77/IH-69E and regional port infrastructure</li><
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NOI
$80,000
Cap Rate
9.41%
DSCR
1.59
Strong
Cash-on-Cash
11.58%
Monthly Payment
$4,205.336
Annual Cash Flow
$29,535.965
