3194 jofem boulevard polan tx 82165 businesstech-money sits on a mixed‑use block near Polan’s main transit corridor. The site combines office, light industrial, and fintech service space. The report describes location, tenants, and financial signals. It aims to give an investor a clear, compact view of the asset and its short‑term prospects.
Key Takeaways
- 3194 Jofem Boulevard Polan TX 82165 BusinessTech-Money is a versatile mixed-use property combining office, light industrial, and fintech space near major transit routes.
- The building hosts five stable tenants including fintech, cybersecurity, cloud hosting, and analytics firms, supporting about 175 employees on peak days.
- Upgraded facilities like secure server rooms and modern HVAC systems enhance the property’s appeal for tech and financial service operations.
- The asset generates steady cash flow with a current yield near 6.1% and opportunities for income growth through subdividing space and adding generator capacity.
- Risks include a large tenant lease renewal in 2027 and limited expansion room, but rising local rents offer upside potential in the fintech back-office market.
- Investors can expect steady income with options for value-add strategies to increase net operating income by up to 12% within 18 months.
Location Profile And Property Overview
3194 jofem boulevard polan tx 82165 businesstech-money sits two blocks from Route 9 and a regional rail stop. The parcel measures 0.9 acres and holds a 28,400 sq ft building. The building faces a mixed commercial strip and a newer residential pocket. City zoning lists it for commercial and light industrial use.
The exterior shows concrete tilt panels and upgraded glazing added in 2023. The site has six loading docks and 72 parking spaces. The HVAC systems received phased replacements in 2021 and 2024. Tenant fit‑outs cover modular offices, secure server rooms, and a small testing lab.
Traffic counts average 18,000 vehicles per day on the adjacent corridor. The rail stop offers commuter links that bring daytime foot traffic for service providers. The nearest commercial node sits 1.2 miles southeast and hosts banks, a coworking office, and a logistics hub. Local permitting records show no open violations and routine inspections closed within 30 days.
Investors note the property’s walk score of 62 and transit score of 71. The parcel’s walkable access and transit access support mixed tenant types. 3194 jofem boulevard polan tx 82165 businesstech-money benefits from moderate visibility and durable industrial features that suit small tech and financial operations.
Current BusinessTech‑Money Tenants, Services, And Local Role
3194 jofem boulevard polan tx 82165 businesstech-money hosts five primary tenants. Tenants include a fintech back‑office, a cybersecurity firm, a small cloud‑hosting provider, a data analytics consultancy, and a payment services reseller. Each tenant signs net leases of three to seven years.
The fintech back‑office occupies 9,200 sq ft. The company handles loan servicing and requires secure server cages. The cybersecurity firm occupies 6,400 sq ft and runs a lab for hardware testing. The cloud host occupies 4,800 sq ft and leases secure cabinets. The analytics consultancy and payment reseller share 7,000 sq ft and use modular office suites.
Tenants report steady demand for back‑office and compliance services from regional banks. The property’s secure power and cooling make it attractive for small hosting operations. Local businesses use the site for contract development and short‑term test deployments. The mix lowers vacancy risk because tenants serve different demand drivers.
The property supports about 175 employees on peak days. The site draws workers from nearby neighborhoods and from transit lines. Local supply chains supply routine maintenance and security services. 3194 jofem boulevard polan tx 82165 businesstech-money so acts as a small employment hub and a technical services node in Polan’s east district.
Investment Case, Financial Performance, And Near‑Term Outlook
3194 jofem boulevard polan tx 82165 businesstech-money produced stable cash flow in 2024 and 2025. Net operating income rose 4.2% year over year as leases rolled at market rates. Current blended lease term stands at 3.9 years. The in‑place yield sits near 6.1% on recent sales comps.
Expense ratios show maintenance and utilities at 18% of gross income. Capital reserves include a recent $420,000 allowance for HVAC and roof lifecycle work. Property taxes track Polan municipal rates and rose 2.7% in the last cycle. Insurance premiums rose 6% after a regional underwriting update.
Near‑term risks include a single large tenant lease renewal in late 2027 and limited onsite expansion room. The market offers upside if local demand for fintech back‑office space grows. Rents for comparable secure office and hosting space increased 6–8% across Polan’s east district in the prior 12 months.
Value‑add strategies include subdividing the 9,200 sq ft back‑office for smaller suites, adding on‑site generator capacity to raise hosting rates, and marketing directly to regional banks for disaster‑recovery space. A targeted capital plan could lift net operating income by 8–12% within 18 months.
For a conservative buyer, 3194 jofem boulevard polan tx 82165 businesstech-money offers steady income and modest growth potential. For an active buyer, the property offers operational levers that can push income higher and shorten vacancy cycles.
