1711 W HENDERSON ST Cleburne, TX 76033
Two government-leased properties in Texas available for sale.
Property Features for 1711 W HENDERSON ST
General Information
- Standard status
- Active
- Size
- 15,675 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 2006
Listing office Colonial Commercial Real Estate LLC (817) 632-6200
Listing date May 12, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Colonial Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
Key Highlights
- AA+ Sovereign Credit – backed by the full faith and credit of the United States government.
- Mission‑Critical Tenant – SSA's continued tenancy after the 2025 DOGE lease termination initiative highlights its importance.
- High Historical Renewal Rate – Benefit from a 94–97% historical renewal rate, exceeding corporate NNN averages.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $481.5k | $30.72 |
| − Vacancy | −$131.9k | −$8.42 |
| EGI | $349.6k | $22.30 |
| − OpEx | −$87.4k | −$5.58 |
| NOI | $262.2k | $16.73 |
