8603 New Braunfels AveSan Antonio, TX 78217

For Sale
Call for price

High-Yield Investment, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a 7,198 square foot medical and traditional office building situated on a 0.75-acre lot in San Antonio, Texas. The single-story, 1963-built property boasts 100% occupancy across its three units, generating a pro-forma cap rate of 7.00%. Located at 8603 N New Braunfels Ave, this prime commercial property benefits from exceptional visibility and high traffic counts (229,058 vehicles per day), thanks to its convenient location near Loop 410 and Highway 281. The property's C-3 NA zoning allows for a variety of uses. Recent improvements include a freshly sealed and striped parking lot. The building's proximity to the San Antonio International Airport and numerous retailers further enhances its desirability. This is a rare chance to acquire a stable, high-performing asset in a thriving business district. The property's strong tenant base and excellent location make it an ideal investment for those seeking a secure and profitable return. The building's single-story design and ample parking provide convenience for both tenants and visitors. This is a turnkey investment opportunity ready for immediate income generation.

Highlights

  • Outstanding visibility on N New Braunfels Ave.
  • 100% occupied, 7% pro-forma cap rate.
  • Recently sealed and striped parking lot.
  • Excellent traffic counts: 229,058 vehicles per day.
  • Conveniently located near multiple retailers.
  • Situated in a thriving San Antonio business district.

Property Details for 8603 New Braunfels Ave

Property type
Other office properties, Medical offices
Square Feet
7,198 SF
Year Built
1963
Buildings
1
Stories
1
Lot Size (sq. ft)
32,670 SF
Units
3

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.5181139
Longitude
-98.4592532
8603 New Braunfels Ave, San Antonio, Texas

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8603 New Braunfels Ave
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