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7815 & 7819 Fortune Drive Portfolio

2 Industrial Properties Offered at $2,150,000 in San Antonio, TX

Investment Highlights

  • 100% Leased with Long-Term Value Creation
  • Strong Demographics Surrounding Site
  • Strategic Location for Service Type Tenants
  • Thriving San Antonio Market

Executive Summary

Transwestern, as exclusive advisor, is pleased to present the opportunity to acquire 7815 & 7819 Fortune Drive (the “Property”), a 16,265 SF two building industrial project in the desirable Northwest submarket of San Antonio, Texas. The property is well located near bustling Bandera Road retail corridor and nearby residential developments. The property is 100% occupied by four tenants which offers a secure and stable cash flow base. The ability to bring below market rents up and benefit from strong rental rate growth via in-place annual rental escalations combined with the limited available inventory present a long-term value creation opportunity for an investor to increase returns on what is already an attractive going-in cap rate.

Property Facts

Price $2,150,000
Price / SF $132.43 / SF
Cap Rate 7.06%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 16,235 SF
Total Land Area 0.92 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
7819 Fortune Dr, San Antonio, TX 78250 Industrial 8,343 SF 1984 -
7815 Fortune Dr, San Antonio, TX 78250 Industrial 7,892 SF 1984 -
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  • Listing ID: 32691977

  • Date on Market: 8/7/2024

  • Last Updated:

  • Address: 7815 & 7819 Fortune Drive Portfolio, San Antonio, TX

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