700 S Zarzamora St
San Antonio, TX 78207
700 LP · Office Property For Sale
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PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Bus Line
- Controlled Access
- Conferencing Facility
- Convenience Store
- Signage
- High Ceilings
- Plug & Play
- Wi-Fi
ABOUT 700 S ZARZAMORA ST , SAN ANTONIO, TX 78207
Westside Office Building (the Property) is a 49,179 SF, office building located at 700 S Zarzamora Street in San Antonio, Texas and has convenient access to IH-10, US Hwy 90 & IH-37. The Property presents an opportunity to acquire a ±49% occupied asset with value-add opportunities through lease up of the remaining office space at long term market rates. Originally built in 1975 and renovated in 2016, Westside Office Building contains a three-story multi-tenant office building with 115 parking spaces including premium covered parking. The Property is situated on 1.72 acres and features visibility and access from S Zarzamora Street, San Luis Street and S Rosillo Street. The average daily traffic count on South Zarzamora Street totals 17,456 vehicles. Per the seller, the Property had $300,000 in capital expenditures completed in 2016. The Property is currently 49% occupied and has numerous available units for lease allowing for value-add through lease-up at market rates. Westside Office Building is located in the Northwest office submarket, a portion of the greater San Antonio market and approximately 3 miles from downtown San Antonio. Westside Office Building is positioned ±3 miles from both Interstate 10 and US Hwy 90. Major traffic drivers for the Property include Texas Diabetes Institute across street and numerous residential communities. The area surrounding the Property is primarily developed and includes a variety of uses including freestanding retail, shopping centers, restaurants, and residential uses. The demographics are very favorable to the Property’s tenancy with 173,342, people within a 3-mile radius and average household incomes of over $44,968. The offering represents the value-add opportunity to acquire a Property with a diversified tenant mix, in-place revenue and potential upside through lease-up of the vacant space.
LINKS
PROPERTY TAXES
Parcel Number | 02427-001-0270 | Improvements Assessment | $2,775,370 |
Land Assessment | $534,130 | Total Assessment | $3,309,500 |
Listing ID: 13929960
Date on Market: 10/1/2018
Last Updated:
Address: 700 S Zarzamora St, San Antonio, TX 78207
The Avenida Guadalupe Office Property at 700 S Zarzamora St, San Antonio, TX 78207 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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