Centennial Boulevard Industrial
1734 Centennial Boulevard San Antonio, TX 78211
1734 Centennial Boulevard, San Antonio, TX, 78211
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For Sale
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87,450 SF manufacturing/warehouse on 2.97 acres for sale.
Property Size87,450 SF
Lot Size2.97 Acres
Price / SF$66.32
Days on Market66
Property Features for 1734 Centennial Boulevard
General Information
- Standard status
- Active
- Size
- 87,450 SF
- Lot size
- 2.97 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1960
Listing Agency
Partners Real Estate
Listed by
Andrew Alizzi · License #676117
Source
Crexi
Added: May 15 Checked: Jul 17 at 6:40 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Partners Real Estate
Investment Insights
Based on property information with market context.
Located at 1734 Centennial Blvd in San Antonio, TX, this 87,450 SF masonry manufacturing and warehouse facility is situated on approximately 2.97 acres in the Southside industrial corridor. The property offers approximately 46,785 SF available for immediate occupancy. The facility includes climate control, featuring a 100% climatized warehouse and office, 480V 3-phase power, upgraded LED warehouse lighting, and four dock-high doors serving the vacant Suite A. Clear heights range from approximately 15 to 16 feet in the available space. The property also features a recently renovated two-story office plus mezzanine. The current tenant, LUX Bakery, occupies 41,000 SF under a NNN lease through September 30, 2027, with two 5-year FMV renewal options.
Key Highlights
- ±46,785 SF available for immediate occupancy.
- 100% climatized warehouse and office.
- Investment opportunity with existing tenant (LUX Bakery) under NNN lease through 9/30/2027, plus renewal options.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $787.1k | $9.00 |
| − Vacancy | −$72.4k | −$0.83 |
| EGI | $714.6k | $8.17 |
| − OpEx | −$214.4k | −$2.45 |
| NOI | $500.2k | $5.72 |
87,450 SF · lease $9.00/SF/yr · vacancy 9.20% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$8.68M
$7.59M – $10.12M
NOI $607,445 @ 7.0% cap · market cap 10.47%
Second Best
Industrial
$7.15M
$6.25M – $8.34M
NOI $500,249 @ 7.0% cap · market cap 8.62%
Theoretical Best
Office A
$22.31M
$19.52M – $26.02M
NOI $1,561,490 @ 7.0% cap · market cap 26.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lux Bakery
Bakery
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - 87,450 SF manufacturing/warehouse on 2.97 acres for sale.
Where is this manufacturing property located?
The property is located at 1734 Centennial Boulevard San Antonio, TX.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: ±46,785 SF available for immediate occupancy.; 100% climatized warehouse and office.; Investment opportunity with existing tenant (LUX Bakery) under NNN lease through 9/30/2027, plus renewal options.
