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Industrial Flex Campus with Triple-Net
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1850 Grandstand Drive, San Antonio, TX 78238

Three-building industrial flex campus leased to 24 tenants, offering grade-level access and immediate freeway connectivity.

Property Size87,042 SF
Days on Market52

Property Features for 1850 Grandstand Drive

General Information

Standard status Active
Size 87,042 SF
Property subtype Industrial
Occupancy 95%

Warehouse & Industrial

Clear Height 16 ft
Drive-In Doors 50

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: CBRE | San Antonio
Listed By: Andrew Price
Source: Cbre
Added: Jun 11 Changed: Jul 10 Last Checked: Jul 28 at 4:50AM

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 industrial flex campus comprising three buildings totaling 87,042 square feet, currently 94.5% occupied by 24 tenants. The property features 50 grade-level overhead doors and 16’ clear height, supporting a range of service, trade, and logistics uses. Parking is provided at 3.48 spaces per 1,000 square feet, and the offering is structured as a triple-net investment.

The campus is located within San Antonio’s Alamo Downs Business Park, with immediate access to Loop 410, SH 151, and Highway 90. The area is served by a concentration of government, defense, and corporate employment, including Lackland AFB, the Port of San Antonio, and the NSA’s Texas Cryptologic Center.

For tenants and investors seeking operational flexibility and drive-up capability, the combination of grade-level overhead doors and flex configuration can support day-to-day distribution and light industrial activity. Buyers benefit from the current tenant roster and high occupancy within a triple-net framework, with the property positioned for continued demand tied to the surrounding employment base.

Key Highlights

  • 87,042 SF industrial flex campus across 3 buildings
  • 94.5% occupied with 24 tenants providing a stabilized triple‑net income stream
  • 50 grade‑level overhead doors across the campus

Property Analytics

Current Use

US Med-Equip (San ... Production Facility US Med Equip Production Facility

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Storage Facility Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
50
Drive-in doors
94.5%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

431
Businesses Nearby
Balanced
Demand for This Use

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

9.3% 2019
7.3% 2020
6.2% 2021
4.2% 2022
10.3% 2023
8.6% 2024
11.7% 2025
Rey
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Similar Off Market Nearby

  • Got It Covered Events — 1868 Grandstand Dr, San Antonio, TX 78238

Frequently Asked Questions

What type of property is this?
Flex space - Three-building industrial flex campus leased to 24 tenants, offering grade-level access and immediate freeway connectivity.
Where is this flex space located?
The property is located at 1850 Grandstand Drive San Antonio, TX.
What are key features of this property?
This property features: 87,042 SF industrial flex campus across 3 buildings; 94.5% occupied with 24 tenants providing a stabilized triple‑net income stream; 50 grade‑level overhead doors across the campus
More about this property
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