Multi-Tenant Office Campus with
For Sale
Contact for pricing
300 Kitty Hawk Rd, Universal City, TX 78148
Three-building office campus with courtyard space, drop ceilings, fire sprinklers, and 120 surface parking spaces.
Property Size16,000 SF
Lot Size3.99 Acres
Price / SF$231.25
Days on Market180
Property Features for 300 Kitty Hawk Rd
General Information
Standard status
Active
Size
16,000 SF
Class
C
Total Parking Spaces
120
Lot size
3.99 Acres
Property subtype
Office, Retail
Zoning
C2/O
Occupancy
47%
Investment Type
Net Lease
Net Operating Income
$209,057
Additional Details
Sprinkler System
Yes
Amenities
open-plan layouts
polished concrete and tile flooring
drop ceilings
courtyard space
monument/signage visibility
Building Details
Buildings
3
Tenancy
Multi
Listing Agency:
LJG Comm LLC
Listed By:
LAURENTIU POPA · License #0667120
(210) 317-4377
Source:
Crexi
Added: Apr 24
Changed: Oct 16
Last Checked: Oct 19 at 6:24AM
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 LJG Comm LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Kitty Hawk Garden Offices is a multi-tenant office business center comprising three separate buildings totaling 32,914 SF on 3.99 acres. The campus includes 120 surface parking spaces and offers available space totaling 17,351 SF, with up to 15,267 SF contiguous. Interior finishes include polished concrete and tile flooring with drop ceilings, supported by a fire sprinkler system. The property is offered as Class C space and is listed with DDAA compliance, and it includes courtyard space.
The office campus is located along Kitty Hawk Road in Universal City, TX, near Pat Booker Road and Quivira Road, with monument/signage visibility called out in the marketing remarks. The property is described as having C-3 zoning. Current occupancy is 47.27% leased.
Space configuration and program flexibility are supported by the open-plan layouts across the available areas, and the property is presented as suitable for a range of uses including daycare or school operations, medical practices, professional offices, adult daycare, counseling, and beauty services.
The office campus is located along Kitty Hawk Road in Universal City, TX, near Pat Booker Road and Quivira Road, with monument/signage visibility called out in the marketing remarks. The property is described as having C-3 zoning. Current occupancy is 47.27% leased.
Space configuration and program flexibility are supported by the open-plan layouts across the available areas, and the property is presented as suitable for a range of uses including daycare or school operations, medical practices, professional offices, adult daycare, counseling, and beauty services.
Key Highlights
- Three‑building office campus on 3.99 acres at 300 Kitty Hawk Road in Universal City, TX
- Total building size 32,914 SF (Class C): 15,267 SF, 8,875 SF, and 8,772 SF across three structures
- C‑3 zoning with 17,351 SF available, including up to 15,267 SF contiguous space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$257,760
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,155,200
$5.2M
Cap Rate 7%
$3,682,286
$3.7M
Cap Rate 9%
$2,864,000
$2.9M
Market Conditions
NOI Build-Up for 16,000 SF
Gross rent
$384.0K $24.00/SF
− Vacancy
−$40.3K −$2.52/SF
EGI
$343.7K $21.48/SF
− OpEx
−$85.9K −$5.37/SF
NOI
$257.8K $16.11/SF
Area
Bexar County, TX
Vacancy
10.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,155,200
Cap Rate 7%
$3,682,286
Cap Rate 9%
$2,864,000
Alternative Uses
Best Use
Office B
$3.68M
$3.22M – $4.30M
NOI $257,760 @ 7.0% cap · market cap 6.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.33M
$3.79M – $5.05M
NOI $303,134 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
749
Businesses Nearby
Explore this area
Business Placement
Demographics for 78148, TX
21,569
Population
8,597
Households
2.5
Avg Household Size
37
Median Age
34%
College-Educated
96%
High-School Grad
9.6 sq mi
ZIP Area
2,247
Density / Sq Mi
$75,395
Median Household Income
$40,850
Median Earnings
$1,252
Median Rent
$249,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Three-building office campus with courtyard space, drop ceilings, fire sprinklers, and 120 surface parking spaces.
Where is this office building located?
The property is located at 300 Kitty Hawk Rd Universal City, TX.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Three‑building office campus on 3.99 acres at 300 Kitty Hawk Road in Universal City, TX; Total building size 32,914 SF (Class C): 15,267 SF, 8,875 SF, and 8,772 SF across three structures; C‑3 zoning with 17,351 SF available, including up to 15,267 SF contiguous space
