859-907-2006
4201 Greenwood Dr, Corpus Christi, TX for Sale
Office - FOR SALE
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4201 Greenwood Dr
Corpus Christi, TX 78416
Downtown Corpus Christi


HIGHLIGHTS

  • AAA Credit Tenant
  • Fresh 10-Year Renewal Executed
  • 7 Years Firm / Non-Cancellable 
  • Contractual Rent Growth 
  • Mission-Critical Regional Headquarters 
  • Specialized, Hard-to-Replace Buildout 

OVERVIEW

???????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. ??????? 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.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

State of Texas - DFPS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

4.27 AC

LAND SF

186,001 SF

ZONING

B-1

APN/PARCEL ID

262034

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Geoff FickeColliersMore Info
859-907-2006

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Geoff FickeColliersMore Info
859-907-2006

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