7815 & 7819 Fortune Drive Portfolio
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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 | Number of Properties | 2 |
Price / SF | $132.43 / SF | Individually For Sale | 0 |
Cap Rate | 7.06% | Total Building Size | 16,235 SF |
Sale Type | Investment | Total Land Area | 0.92 AC |
Status | Active |
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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7815 & 7819 Fortune Drive Portfolio
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