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1703 Fredericksburg RdSan Antonio, TX 78201

5,112 SF Office/Retail Building, San Antonio

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional San Antonio commercial property, located at 1703 Fredericksburg Rd, offers a unique investment opportunity. The 5,112 square foot building sits on a 0.22-acre lot and features a blend of office and retail space, currently zoned C-2 (commercial). The property boasts approximately 2,112 square feet of vacant space, ideal for a variety of uses, alongside an existing tenant, Shine Dental, occupying 3,000 square feet under a recently commenced lease. The existing lease for Shine Dental provides a strong, stable income stream, with projected Net Operating Income (NNN) increasing incrementally over a ten-year period: Year 1: $66,000; Years 2-5: $72,000; Years 6-10: $79,200. The 2023 estimated NNN expenses are $8.95 per square foot. The property offers significant street visibility with approximately 210 feet of frontage on Fredericksburg Road and approximately 183 feet of frontage on West Kings Highway. Ample parking is available, with a ratio of 4.11 spaces per 1,000 square feet. This multi-tenant property presents a compelling combination of immediate income and future development potential in a desirable San Antonio location. The property is classified as a Class C building with a Triple Net (NNN) lease type.

Highlights

  • 5,112 SF office/retail building on a 0.22-acre lot in San Antonio, TX.
  • 2,112 SF of vacant space available.
  • Existing tenant, Shine Dental, occupies 3,000 SF under a new lease.
  • NNN lease with escalating rent: Year 1: $66,000; Years 2-5: $72,000; Years 6-10: $79,200 (2023 estimate).
  • Estimated NNN expenses: $8.95/SF.
  • High visibility with ±210 feet of frontage on Fredericksburg Rd and ±183 feet on W Kings Hwy.

Property Details for 1703 Fredericksburg Rd

Property type
Retail properties, Office properties
Square Feet
5,112 SF
Class
C
Lot Size (sq. ft)
9,583 SF

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.460441608967
Longitude
-98.521951296794
1703 Fredericksburg Rd, San Antonio, Texas

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1703 Fredericksburg Rd
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