4201 Greenwood Drive

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4201 Greenwood Drive

Corpus Christi, TX 78416
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

What's Special

Corpus Christi, TX | AAA Credit Tenant | 10 Year Lease <p><strong>AAA Credit Tenant</strong></p><p>Lease is backed by the State of Texas Department of Family & Protective Services, one of the few U.S. states with AAA credit ratings from all major agencies.</p><p></p><p><strong>Fresh 10-Year Renewal Executed</strong></p><p>DFPS recently exercised a 10-year renewal at a marked-to-market rental rate, confirming long-term commitment to this location.</p><p></p><p><strong>7 Years Firm / Non-Cancellable </strong></p><p>Full-Service Gross lease includes a

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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