Available For Sale - Office , Land

37,743 SF | Show Pricing $

Download Brochure

LISTED BY

Brenna Leach
Colliers , 713-830-2130
Kelly Hutchinson
Colliers International, 281-830-2146

AVAILABILITY DETAILS

Size
37,743 SF
Price/SF
Show Pricing $
Listing ID
SA527487
Notes
Colliers is pleased to exclusively present this commercial investment property for sale.



The property is located in a Tax Incremented Reinvestment Zone (TIRZ). TIRZs are special zones created by City Council to attract new investment in an area. These zones help finance costs of redevelopment and promote growth in areas that would otherwise not attract sufficient market development in a timely manner. Taxes attributable to new improvements (tax increments) are set-aside in a fund to finance public improvements within the boundaries of the zone.



• 2401 Termini Street is a two (2) story, class B, single or multi-tenant office building constructed in 1970 and renovated in 2015

• NRA: ±37,743 SF

• Situated on ±4.68 acres with surface parking

• 23% leased to three (3) tenants on short-term lease agreements

• Signage opportunities

• Located in Galveston County, roughly halfway between the cities of Houston and Galveston, 1.6 miles to Interstate 45 (Gulf Freeway), 4.7 miles to Hwy 146, 2.9 miles to State Highway 96 (League City Pkwy)

• Additional contiguous lots are available and are not included in the sale price of the office building (see site plan on Page 4)
Uses
Office
Land

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Brenna Leach, Colliers