210-842-1602
, San Antonio, TX for Sale
Office - FOR SALE
1/2
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Plaza Towers
San Antonio, TX
Oakwell Farms


HIGHLIGHTS

  • RETAIL-QUALITY VISIBILITY AND ACCESS
  • STRONG NEIGHBORHOOD OFFICE LOCATION
  • SIGNIFICANT RECENT CAPITAL INVESTMENT
  • COMPETITIVELY PRICED FOR SIGNIFICANT UPSIDE
  • STRONG NEAR- & INTERMEDIATE-TERM DEMOGRAPHIC TRENDS

OVERVIEW

CBRE Capital Markets, as exclusive advisors, is pleased to present the opportunity to acquire the fee simple interest in Plaza Towers (the “Property”). Built in 1970, the Property is comprised of two office buildings totaling 112,664 SF, including tenant conference rooms, ample surface parking, and efficient floorplates. Plaza Towers is 37% leased with 1.34 years of weighted average lease term, with several month-to-month tenants providing flexibility for future owners or developers. The Property has a 6.33 weighted average years-in-place for tenancy and in-place rents are 26% ($5.31) below market rate ($20 FSG). Prominently positioned on 4.05 acres and located in the Northeast submarket and minutes from San Antonio International Airport, the Property boasts superior visibility and access off Loop 410 with more than 30 restaurants within two miles. The offering is being made un-priced and on an “as-is, where-is” basis.

ASK ABOUT THIS PROPERTY

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

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

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