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4115 Medical Dr San Antonio, TX 78229

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For Sale
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Five-building office park, value-add opportunity.

Property size:
20,000 SF

Property Features for 4115 Medical Dr

General Information

Property type
Retail space
Square Feet
20,000 SF
Class
C
Lot Size
98,010 SF

Building Details

Year Built/Renovated
1983/2014
Buildings
5
Stories
2

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Listing Contact
Ray Kang, Ccim
Ray Kang, Ccim

Listing Agency: Resolut RE San Antonio Listing Agent: Ray Kang, Ccim

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional five-building office park, totaling 26,888 net rentable square feet on a 2.25-acre lot in San Antonio, Texas, presents a compelling value-add investment opportunity. Built in 1983 and renovated in 2014, the property boasts significant recent capital improvements, including roof replacements, HVAC system upgrades, landscape enhancements, and interior renovations. Currently operating at 75.2% occupancy with a gross lease structure, the property offers flexible space options suitable for medical, storefront, and traditional office tenants. Its prime location minutes from Interstate 10 and the South Texas Medical Center, a hub employing over 30,000 individuals, ensures high visibility and strong tenant demand. The C-2 zoning allows for the incorporation of retail uses, further diversifying the tenant mix and mitigating market risk, especially given the low retail vacancy rate in the submarket. The property features ample parking, attractive common areas, and mature landscaping. Significant upside potential exists through increased rental rates, enhanced management strategies, and the potential development of a sixth building to capitalize on the high-traffic location along Medical Drive (11,420 vehicles per day). The asking price is $3,087,500.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Feral Nails TX Nail Salon Gulf Coast Pharmacy Pharmacy Rosalinda Sanchez Foster Care Service Table for One Massage ... Alternative Medicine Practice Visual Network Solutions Tech Support Center

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
San Antonio
County
Bexar
State
Texas
Longitude
-98.565796638209
Latitude
29.515585437296

FAQs

What type of property is this?
Retail space - Five-building office park, value-add opportunity.
Where is this retail space located?
The property is located at 4115 Medical Dr San Antonio, TX.
What is the asking price?
The asking price for this property is $3,087,500.
What are key features of this property?
This property features: Five-building office/retail park near South Texas Medical Center.; Value-add opportunity in San Antonio's strong economy.; Excellent rent growth potential; flexible space for diverse tenants.
(210) 374-6111 Call to check price and availability
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