8123 Datapoint DrSan Antonio, TX 78229

For Sale
Call for price

San Antonio Office Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
96
This exceptional San Antonio office complex, located at 8119 & 8123 Datapoint Dr, offers 120,105 square feet of space across two Class B buildings on a 4.83-acre lot. Built in 1985, the property boasts 478 parking spaces and is currently 33% occupied. Zoned C-3 General Commercial, it presents a compelling value-add investment opportunity. Its prime location near the South Texas Medical Center in Northwest San Antonio, with direct access to Fredericksburg Road, makes it ideal for various uses, including potential conversion to medical, lab, or life science space. The property benefits from substantial upgrades and renovations, resulting in high-quality existing office space. A significant advantage is the possibility of a leaseback from Humana for approximately 30,000-40,000 square feet for a three-to-five-year term. The expansive lot allows for future building expansion or additional parking. The property's location within the growth path of the South Texas Medical Center, coupled with limited available land in the area, presents a unique opportunity for owner-occupants, investors, or developers. The buildings can be subdivided for multi-tenant use, further enhancing its investment potential. This property offers a rare chance to acquire a below-replacement-cost asset in a thriving submarket.

Highlights

  • Potential for a three-to-five-year leaseback from Humana for 30,000-40,000 square feet.
  • Below-replacement-cost acquisition opportunity.
  • Prime location near the South Texas Medical Center, with Humana occupancy for over 20 years.
  • High-quality office space due to substantial recent renovations.
  • Potential for full vacancy, ideal for a user buyer or tenant.
  • Multiple development options for owner-occupants, investors, or developers.

Property Details for 8123 Datapoint Dr

Property type
Other office properties, Office properties
Square Feet
120,105 SF
Class
B
Year Built
1985
Buildings
2
Lot Size (sq. ft)
210,395 SF

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.5164412
Longitude
-98.5698268
8123 Datapoint Dr, San Antonio, Texas

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8123 Datapoint Dr
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