Office Space For Lease @ 635 E King Ave

Strategically located property for sale in Kingsville, Texas.
Investment property for sale along a strong commercial corridor. Great opportunity for small investors. Building is attractive for smaller to mid size tenants as it is centrally located. Property can be easily managed individually and would be a strong future investment for an owner operator. Majority of leases are set on an annual basis.
Re-development opportunity also. Viable for retail development. Property can be re-purposed or torn down for new construction. Desirable location close to HEB Grocery. Based on location, property would work well for fast food/QSR users.
Based on average income (2015-2019) and projected expenses, the cap rate potential can be in excess of 10% with upside opportunity. This space offers accomodations for: office building.