CAREVET ANIMAL HOSPITAL + ADDITIONAL LAND 3100 Nacogdoches Rd
10,340 SF Office Building San Antonio, TX 78217 $3,500,000 ($338/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- CareVet Anchored 2-Tenant Strip on NNN Leases. CareVet Fully Renovated and Recently Restated and Renewed Term to a Fresh 15 Years.
- Positioned Along Area’s Major Traffic & Industrial Corridor. Features Easy Access & Excellent Visibility at a Signalized Intersection.
- Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success.
- Additional 1.0 Acre +/- Separately Parceled for Future Development and Upside Potential.
- Strong Daytime Employment Area - Near Numerous Established Corporate HQ’s, Business Parks, Regional Office Spaces, Distribution Centers, etc
- Large Land Tract - The Property sits on Approx. 2.10 Acres Providing both Ample Expansion Capabilities as well as Long Term Upside Development.
EXECUTIVE SUMMARY
Value-Add Opportunity | Strong Upside Potential | 2-Tenant Strip | Recession Resistant Concepts | Newly Renovated | Large Land Tract | Pad Development Opportunity | Densely Populated Area | Immediate Area Experiencing Major Growth | Signalized Intersection
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
10,340 SF
Building Class
B
Year Built
2006
Price
$3,500,000
Price Per SF
$338
Cap Rate
6%
NOI
$209,880
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,340 SF
Building FAR
0.11
Lot Size
2.10 AC
Zoning
O-2
Parking
69 Spaces (6.67 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 of 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,949,150 | |
| Land Assessment | $540,560 | Total Assessment | $2,489,710 |
