For Sale
Call for price

11711 I-35San Antonio, TX 78233

Multi-tenant office, flex space, high cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 172,030 square foot, multi-tenant commercial property situated on 22.33 acres at 11711 I-35 N in San Antonio, Texas. The Class B building, constructed in 1994 and renovated in 2009 and 2022, boasts a diverse tenant mix including Fortune 500 companies, government agencies, and local businesses, resulting in a strong 77% occupancy rate. The property features a NNN lease structure, providing a stable income stream. Its prime location along the I-35N corridor, between San Antonio and Austin, offers unparalleled access to a rapidly growing market. The property is zoned I-1 and C-3, allowing for significant development potential, further enhancing its long-term investment value. With over 525 feet of highway frontage, this single-story building presents a compelling opportunity for investors seeking substantial returns in a thriving Texas market. The 8.45% cap rate underscores the property's strong financial performance. This is a rare chance to acquire a well-established, high-capacity office property with considerable upside potential.

Highlights

  • 172,030 SF multi-tenant commercial building on 22.33 acres in San Antonio, TX.
  • Class B property with a strong 8.45% cap rate.
  • NNN leases in place with 77% occupancy.
  • Located on I-35N corridor, offering high visibility and access.
  • I-1 and C-3 zoning allows for diverse development potential.
  • Built in 1994 with renovations in 2009 and 2022.

Property Details for 11711 I-35

Property type
Retail properties, Office properties
Square Feet
172,030 SF
Class
B
Year Built
1994
Buildings
1
Stories
1
Lot Size (sq. ft)
972,695 SF

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.54757879
Longitude
-98.37047211
11711 I-35, San Antonio, Texas

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11711 I-35
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