A 15,364 sq. ft. building currently being utilized as a state of Texas charter school operated by Richard Milburn Academy Texas of Waco, Texas. The charter school began classes in January 2010 and has exercised a five-year option to renew their current lease that extends the term to December 31, 2020 at a base rental rate of $10.25 per sq. ft. The building went through a major renovation in 2009 including reconfiguration to accommodate the school, installation of an elevator, ADA upgrades, installation of fire sprinkler system, repainting and installing new floor coverings.


Property Type: Office Bldg
Year Built: 1966
Renovated Year: 2009
Level Number: 2
Average Floor Size: 7,682
Cap Rate Percentage: 8.31
Listing ID: CPMDGQ
Style: Office Bldg -General
Building Size: 15,364 SF
Lot Size: 43,350 SF
Area Description

Area Description: One block east of University Avenue on 50th Street.

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