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Investment Property at 100% Occupancy 8603 N New Braunfels Ave

7,198 SF 100% Leased Office Building San Antonio, TX 78217 For Sale 7% Cap Rate

Investment Highlights

  • Outstanding visibility
  • Parking lot freshly sealed and striped
  • Conveniently surrounded by multiple retailers
  • 100% occupied with 7% cap rate
  • Excellent traffic counts (229,058 VPD)
  • Easy access to/from Loop 410 & Hwy 281

Executive Summary

PRIME LOCATION! 1-story office/retail building located on North New Braunfels Ave with easy access to Loop 410 and Hwy 281. Close proximity to the San Antonio International Airport.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,198 SF
Building Class
B
Year Built
1963
Cap Rate
7%
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,198 SF
Building FAR
0.22
Lot Size
0.75 AC
Zoning
C-3 NA
Parking
35 Spaces (9 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Security System
  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12575-005-0140
Land Assessment
$117,760
Improvements Assessment
$712,240
Total Assessment
$830,000
  • Listing ID: 32827060

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: 8603 N New Braunfels Ave, San Antonio, TX 78217

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