New Construction Office
3002 Dawn Dr Georgetown, TX
For Sale
Contact for pricing
New office building with a guaranteed 10-year tenant.
Property Size6,300 SF
Lot Size0.75 Acres
Price / SF$673.99
Days on Market1126
Property Features for 3002 Dawn Dr
General Information
Standard status
Active
Size
6,300 SF
Lot size
0.75 Acres
Property subtype
OFFICE
Listing Agency:
Matthews Real Estate Investment Services
(818) 923-6366
Listed By:
Antonio Diona
Source:
Moodyscre
Added: Jun 29, 2023
Changed: Jul 6
Last Checked: Jul 21 at 5:20AM
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 Matthews Real Estate Investment Services
Investment Insights
Based on property information with market context.
This is a new construction office building. The property has a guaranteed tenant for 10 years. The building offers 6,300 square feet of space.
Key Highlights
- Guaranteed tenant for 10 years
- New construction
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 | $264.6k | $42.00 |
| − Vacancy | −$64.3k | −$10.21 |
| EGI | $200.3k | $31.79 |
| − OpEx | −$50.1k | −$7.95 |
| NOI | $150.2k | $23.85 |
6,300 SF · lease $42.00/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.15M
$1.88M – $2.50M
NOI $150,227 @ 7.0% cap · market cap 3.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $184,349 @ 7.0% cap · market cap 4.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - New office building with a guaranteed 10-year tenant.
Where is this office building located?
The property is located at 3002 Dawn Dr Georgetown, TX.
What is the asking price?
The asking price for this property is $4,246,154.
What are key features of this property?
This property features: Guaranteed tenant for 10 years; New construction
