Owner Financing Available - Price Reduced

100 N. Main Street Galena Park, TX 77547

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FOR SALE FOR LEASE Incentives
Property Type:
Multi Tenant Office
Amount:
$575,000
Last Verified:
Apr 20, 2017


Well developed area in Galena Park with retail, restaurants and post office

Vintage 1940’s two story building - some rehab needed to refresh the overall appearance
Five offices on each floor
Concrete parking lot with approximately 40 spaces in rear
50% occupied, 2nd floor is available
Great investment property or Owner/User
Building Size: 14525.0sq ft
Building Class: C
Lot Size: 0.0 acres

Units for Lease

1
Lease Type: Modified Gross
Price Per Sqft/Year: $10.0
2
Lease Type: Modified Gross
Price Per Sqft/Year: $10.0
3
Lease Type: Modified Gross
Price Per Sqft/Year: $10.0
4
Lease Type: Modified Gross
Price Per Sqft/Year: $10.0
5
Lease Type: Modified Gross
Price Per Sqft/Year: $10.0
6
Lease Type: Modified Gross
Price Per Sqft/Year: $10.0

Map of 100 N. Main Street, Galena Park, TX, 77547

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.