20702 Stone Oak PkwySan Antonio, TX 78258
- Office properties
- 8,953 SF
Property Details for 20702 Stone Oak Pkwy
- Year built
- 2017
- Lot size
- 1.71 AC
- Property size (Sq ft)
- 8,953 SF
- Property type
- Office properties
- APN
- 19219-033-0080
- APU
- 192190330080
Description
This exceptional investment opportunity presents a single-tenant, net-leased office building totaling 8,953 square feet, situated on a substantial 1.71-acre lot in San Antonio, Texas. The property, constructed in 2017, is currently leased to Action Behavior Centers, a national operator with over 280 locations, under a corporate guarantee. The lease commenced November 21, 2022, and features a remaining term of approximately nine years, extending to November 30, 2033, with two five-year renewal options. The annual rent escalates by 2.00%, providing consistent income growth. The property boasts a strong net operating income (NOI) of $335,290, resulting in a compelling 6.40% cap rate. Located at 20702 Stone Oak Pkwy, 78258, this property benefits from its prime location in a high-income area, with an average household income exceeding $146,468 within a five-mile radius. Recent capital improvements were made to accommodate the tenant's expanding needs. This presents a low-maintenance, high-return investment with a stable, national tenant and significant lease term remaining. The asking price is $5,250,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,680,372
- 6.5%
- $1,551,113
- 7%
- $1,440,319
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,034,748
- Geo Method
- $2,034,748
-
Alternative Use
- Use
- Valuation
- Residential
- $1,923,380
- Hospitality
- $1,761,806
- Educational
- $1,465,802
- Medical
- $1,516,213
- Retail
- $2,280,136
Location Insight
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Latitude
- 29.6495
- Longitude
- -98.4603
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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