7600 Bayway Dr, Baytown, TX 77520

11,787 SF | 100% Leased | Office Building | Baytown, TX 77520 | $1,100,000 ($93/SF) | 8.34% Cap Rate

Asking Price $1,100,000

Property Type: Office
Square Feet: 11,787 SF
Price / Square Foot: $93

Listing Contacts

Billy Combs

Verified Profile

Property Info

Property Overview

Excellent investment opportunity with upside potential. A two-tenant income property located near EXXON/MOBLE on Bayway Drive in Baytown. 5,250 SF is built out as restaurant and occupied by Lercy’s. 2,250 SF is office and is occupied by EXXON/MOBIL. It is priced well below replacement cost and includes an additional 2.5 acres. Based on a Proforma of the current leases the CAP Rate 8.34 including allowances for maintenance and vacancies.

Property Details

Class: B
Year Built: 2021
Stories: 1
Lot Size (sq. ft): 124,146 SF

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