Saulsbury Office/Warehouse Investment
2501/2503 Saulsbury Drive, Temple, Bell County, TX 76504
Description: 5,000 Sq.Ft. 2-Unit Office/Warehouse. Building is a Pre-Engineered Steel Building on Concrete Slab with Metal Sheathing & Roof. Each Unit is approx. 87.5% Warehouse / 12.5% Office. 2501 has a fully climate controlled warehouse & LED Lighting.
Location: Located on Saulsbury Drive, just off of IH-35. Easy Access back to Hwy-53/Airport Road. In Temple, Bell County, TX.
Region/MSA: Central Texas / Killeen-Temple MSA.
Lease Summary: Suite 2503 is currently leased at a base rate of $2,156/month through December 2026. Extension options through the end of 2028. Fixed Rent Escalations in place (3% annual).
Lease Structure: Single Net Lease. Tenants reimburse LL taxes. LL Pays Insurance & CAM. Tenant’s Pay Utility Providers Directly.
Investment Type: Value-Add. With 1 side leased and 1 side vacant there is a good opportunity for and end-user to generate passive income.
Class: C
Tenancy: Multi (2-Units)
Square Footage: ±5,000 (Bell CAD)
Occupancy: 50%
Year Built: 1996 (Bell CAD)
Lot Size: ±0.28 Acres (Bell CAD)
Zoning: C-PD. (Commercial)
NOI: $41,904.60 (2027 Proforma)
Cap Rate: 7.98%
Price: $525,000 ($105/SF)
Contact Agent
Jeremy Jirasek, ALC