210-842-1602
, San Antonio, TX for Sale
Office - FOR SALE
1/18
null | Request Cap Rate

Alamo Towers
San Antonio, TX
Uptown San Antonio


HIGHLIGHTS

  • Unsurpassed Visibility and Ease of Access
  • Extra Land for Development
  • Strong Central Location with Plenty of Convenient Area Amenities
  • Well-Located, “Good Bones” Value-Add Office with Near-term Upside
  • Excellent Central Location Advantage for Employee Recruitment and Retention
  • Stable Tenancy with Diversified Cash Flow

OVERVIEW

This offering provides an amazing opportunity to acquire Alamo Towers (“Property”), two eight-story properties in a great location with a clear path to lease-up, higher rent and double-digit stabilized yield. There are no buildings more prominent than Alamo Towers along Loop 410 in San Antonio’s north central submarket. Current ownership is in the midst of modernizing the properties so new ownership can complete the transformation to position Alamo Towers as the best Class B+/A- asset in the area. Immediate upside can be realized with spec suites and landscaping. The adjacent under-utilized 3.5 acres can be separately platted and sold off as smaller retail pad sites and/or as one parcel for largerscale development.

ASK ABOUT THIS PROPERTY

Scott HerboldCBRE, Inc.More Info
210-842-1602

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

Scott HerboldCBRE, Inc.More Info
210-842-1602

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