Small-Bay Industrial Flex
For Sale
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1850-1900 Grandstand Dr, San Antonio, TX 78238
Three-building flex industrial campus with grade-level doors and 16-foot clear heights.
Property Size87,042 SF
Days on Market59
Property Features for 1850-1900 Grandstand Dr
General Information
Standard status
Active
Size
87,042 SF
Property subtype
Industrial
Occupancy
95%
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
50
Building Details
Year Built
1982
Tenancy
Multi
Listing Agency:
CBRE - San Antonio
Listed By:
Andrew Price · License #541133
Source:
Crexi
Added: Jun 8
Changed: Jul 10
Last Checked: Aug 5 at 11:41AM
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 CBRE - San Antonio
Investment Insights
Based on property information with market context.
Northwest Business Center is an institutional-quality, multi-tenant small-bay industrial flex campus totaling 87,042 square feet across three buildings. The property is currently 94.5% leased to 24 tenants, with no single tenant exceeding 12.5% of rentable area. The tenant mix spans healthcare, construction, technology, and professional services. Improvements include functional small-bay configurations, 50 grade-level overhead doors, and 16-foot clear heights. Parking is supported by a 3.48/1,000 SF ratio.
The campus is located in the Alamo Downs Business Park in San Antonio at 1850-1900 Grandstand Dr. The offering is presented as being positioned in a supply-constrained flex submarket, with the market described as approximately 94% occupied and limited new construction.
For operators and investors, the property’s small-bay design and industrial support features—grade-level doors, 16-foot clear height, and on-site parking—make it suitable for a broad range of service, industrial, and flex users. The leasing profile is described as diversified, and the remarks indicate that approximately 60% of leases are set to roll by 2029. Current in-place rents are described as averaging $11.66 PSF, creating a potential mark-to-market rent growth scenario alongside maintaining high occupancy.
The campus is located in the Alamo Downs Business Park in San Antonio at 1850-1900 Grandstand Dr. The offering is presented as being positioned in a supply-constrained flex submarket, with the market described as approximately 94% occupied and limited new construction.
For operators and investors, the property’s small-bay design and industrial support features—grade-level doors, 16-foot clear height, and on-site parking—make it suitable for a broad range of service, industrial, and flex users. The leasing profile is described as diversified, and the remarks indicate that approximately 60% of leases are set to roll by 2029. Current in-place rents are described as averaging $11.66 PSF, creating a potential mark-to-market rent growth scenario alongside maintaining high occupancy.
Key Highlights
- Three‑building flex industrial campus totaling 87,042 SF in Alamo Downs Business Park (San Antonio), built in 1982.
- Currently 94.5% leased to 24 tenants, with no single tenant over 12.5% of rentable area.
- Small‑bay configuration with 50 grade‑level overhead doors and 16‑foot clear heights.
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
50
Drive-in doors
94.5%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78238, TX
26,014
Population
11,726
Households
2.2
Avg Household Size
35
Median Age
21%
College-Educated
87%
High-School Grad
10.2 sq mi
ZIP Area
2,550
Density / Sq Mi
$56,227
Median Household Income
$36,268
Median Earnings
$1,183
Median Rent
$191,300
Median Home Value
Market
Vacancy Rate% for Industrial in San Antonio, TX
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - Three-building flex industrial campus with grade-level doors and 16-foot clear heights.
Where is this flex space located?
The property is located at 1850-1900 Grandstand Dr San Antonio, TX.
What are key features of this property?
This property features: Three‑building flex industrial campus totaling 87,042 SF in Alamo Downs Business Park (San Antonio), built in 1982.; Currently 94.5% leased to 24 tenants, with no single tenant over 12.5% of rentable area.; Small‑bay configuration with 50 grade‑level overhead doors and 16‑foot clear heights.
