820 Central Dr Colleyville, TX 76034

This exceptional 4,675-square-foot Class A executive office building in Colleyville, Texas, presents a compelling investment opportunity. Located at 820 Central Drive, this single-story, 2011-built structure sits on a 0.46-acre lot and boasts a 100% occupancy rate with a net lease in place until December 31, 2024. The building features a reception area, a large showroom with flanking offices, a conference room, a lunchroom, and an executive suite with a private restroom. A small concrete safe room and a decorative steel front door and walls designed for hurricane-force wind resistance add to its unique features. Constructed with Insulated Concrete Form (ICF) walls, foam-insulated rafters, and a TPO roof, this building offers superior energy efficiency, resulting in significantly low utility costs and a remarkably quiet work environment. The absence of load-bearing interior walls provides flexibility for future renovations and space reconfiguration. The property's strong financial performance is highlighted by a $102,857 net operating income (NOI) and a 7.91% cap rate, making it an attractive investment with a current asking price of $1,300,000 ($278.07 per square foot). The property is situated in a desirable Colleyville neighborhood, just north of the Villages. This turnkey investment offers immediate cash flow and significant potential for long-term growth. The short remaining lease term presents an opportunity for a new owner to establish their own terms and conditions.