For Sale
$625,000

7637 Fm 3009 Schertz, TX 78154

2,500 SF Flex Warehouse, $250/SF

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 2,500-square-foot flex warehouse in Schertz, Texas, presents a compelling investment opportunity. Located at 7637 FM3009, Unit 705, this single-tenant property boasts insulated masonry construction, energy-efficient LED lighting, and a finished mezzanine adding 500 square feet of usable space. The warehouse features attractive amenities including epoxy flooring, a kitchenette and mop sink, private restrooms and shower, and 24/7 access. The 14x14 overhead door with operator enhances functionality. The property benefits from a prime location, just two miles from I-35, adjacent to a FedEx Ground Distribution Center, minutes from an Amazon Fulfillment Center, and near a Walmart Supercenter. Its proximity to San Antonio, the second most populous city in Texas, further enhances its appeal. Currently leased on a NNN basis until September 30, 2025, the property offers a 5.70% cap rate at the asking price of $625,000. The current lease provides a stable income stream, and upon expiration, the property's value is projected to increase significantly, given comparable new units are selling for $792,000 and leasing for $18 per square foot. This presents a strong potential for future rental income of approximately $45,000 annually. The roof and exterior structure are covered by the HOA. The wide paved aisles and carpet and electrical in the mezzanine area add to the property's versatility and appeal. This is an ideal investment for those seeking a high-return, well-located industrial property with strong future potential.

Highlights

  • List Price: $625,000
  • 2,000 SF main building, plus 500 SF mezzanine for a total of 2,500 rentable square feet.
  • NNN Lease in place.
  • Current lease expires September 30, 2025.
  • Roof and exterior structure covered by a Homeowners Association (HOA).
  • Comparable new construction units are selling for $792,000 and leasing for $18/SF ($45,000 annually after current lease expiration).

Property Details for 7637 Fm 3009

Property type
Warehouses, Industrial properties
Square Feet
2,500 SF

Location Insight

City
Schertz
County
Comal
State
Texas
Latitude
29.6188846
Longitude
-98.2883648

FAQs

What type of property is this?
Warehouse - 2,500 SF Flex Warehouse, $250/SF
Where is the warehouse located?
The property is located at 7637 Fm 3009 Schertz, TX.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: List Price: $625,000; 2,000 SF main building, plus 500 SF mezzanine for a total of 2,500 rentable square feet.; NNN Lease in place.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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7637 Fm 3009
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