Transwestern is pleased to present a single-tenant (IOS Site) leased to United Rentals at 9492 Corporate Drive in Selma, Texas. The subject property is located in Northeast San Antonio along the IH-35 corridor in Selma, Texas, 18 miles northeast of Downtown San Antonio (one of the top MSA’s in the country). The site is in close proximity of major infrastructure.
Indicating a strong commitment to the site, the Tenant executed a long-term initial 10-year lease and currently is in their first renewal option with 3% percent rent increases annually and has one, five-year option remaining.
Located just off the IH-35 corridor, the 10,000 square foot building, constructed in 2012 according to county records, is ideally located, and situated on a sizable 6.5-acre parcel along Corporate Dr in a dense infill industrial cluster and surrounded by similar IOS and other Industrial users. The property has a heavy outdoor storage component and has tremendous future redevelopment opportunities.
The buyer of this property will enjoy minimal landlord responsibilities/guaranteed by United Rentals and one of the top locations for United Rentals in one of the busiest corridors in the State of Texas.