???????The Ficke Team of Colliers is pleased to present a rare, AAA-rated State of Texas investment offering long-term, non-cancellable income. The Texas Department of Family & Protective Services (DFPS) recently exercised a 10-year renewal at market rent and occupies the property under a full-service gross lease with a 7-year non-cancellable term and 3% annual escalations—delivering predictable, growing cash flow with zero credit risk.
The property serves as the headquarters for DFPS Region 11, supporting a 16-city network with mission-critical services. Purpose-built with specialized layouts and security features, combined with a central Corpus Christi location and high relocation costs, the asset offers strong tenant retention.
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Built in 1995 and expanded in 2010, the 51,307 SF property sits on 4.27 acres and is undergoing tenant-driven improvements. With a long operating history and newly extended lease, 4201 Greenwood Drive represents a highly secure, state-leased investment.