4404-4420 N Interstate 35 - Showroom FOR SALE


San Antonio, TX 78218- Goldfield
$5,500,000 USD
214-274-8707
4404-4420 N Interstate 35, San Antonio, TX for Sale
$5,500,000 USD
Showroom - FOR SALE
1/20
null | 7.74% Cap Rate

4404-4420 N Interstate 35
San Antonio, TX 78218
Goldfield


HIGHLIGHTS

  • 49,845 SF value-add multi-tenant small-bay industrial asset
  • Located on I-35 at the intersection of Loop 410
  • 110,000+ vehicles per day pass in front of the Property on N I-35
  • 7.74% in-place cap rate and priced at $110.34/SF, in-place rents of $8.54/SF NNN vs. market rents of $12.00/SF NNN
  • 9.26% year-5 pro forma cap rate & WALT less than 2.7 years
  • 6,231 SF average suite size, 12 grade level doors, 1 dock high door, 1 dock well & 24' clear height

OVERVIEW

Alamo Business Park (the “Property”) is a 49,845-square-foot, value-add, multi-tenant small-bay industrial asset situated on 2.6 acres in San Antonio’s infill Northeast Submarket. The Property is prominently positioned along N. Interstate 35 at the intersection of I-35N and Loop 410, less than three miles north of Interstate 10, providing excellent regional connectivity. The location benefits from outstanding visibility with more than 110,000 vehicles per day passing directly in front of the Property. Built in 2008, the Property consists of a single small-bay industrial building that is currently 100% occupied (4,864 SF master leased seller), with a Weighted Average Lease Term (WALT) of 2.7 years. The building is demised into eight suites averaging 6,231 square feet, and features a fenced, exclusive parking area. The Property presents a compelling rental rate mark-to-market opportunity, with in-place average rents of $8.54/SF NNN compared to current market rents of approximately $12.00/SF NNN. By capturing market rents, the Property has the potential to deliver a pro forma cap rate of 9.26% in Year 5 of ownership, while also providing strong current cash flow with an attractive in-place cap rate of 7.74%. The Property further benefits from its central infill location, with immediate access to I-35N, Loop 410, and Interstate 10, enabling travel to most major residential areas of San Antonio within a 20-minute drive. Overall, Alamo Business Park offers investors a rare, true value-add multi-tenant small-bay industrial opportunity—combining strong current income, significant mark-to-market upside, and a premier location in San Antonio’s most active and established infill industrial corridor.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

7.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alamo Business Park

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

2

DRIVE INS

8

PARKING SPACES

55

LAND DETAILS

LAND ACRES

2.65

LAND SF

115,434

ZONING

L

APN/PARCEL ID

12201-000-0080

ASK ABOUT THIS PROPERTY

Ty UnderwoodSLJ Company LLCMore Info
214-274-8707

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Ty UnderwoodSLJ Company LLCMore Info
214-274-8707

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.