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Updated Office in Government Hill
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1422 E Grayson St, San Antonio, TX 78208

Class A office space with unique city incentives available.

Space Size983 SF - 13,426 SF
Property Size61,117 SF
Days on Market831

Property Features for 1422 E Grayson St

General Information

Standard status Active
Size 983 SF - 13,426 SF
Class A
Property subtype Office
Lease Type NNN

Building Details

Building Size 61,117 SF
Year Built 1983
Tenancy Multiple

Spaces For Lease

at 1422 E Grayson St Contact us

Basement

Size
3,647 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 103

Size
1,623 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 104

Size
983 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 200

Size
13,426 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: CBRE - San Antonio
Listed By: Jenny Park Gallegos · License #658290
Source: Crexi
Added: May 2, 2024 Changed: Aug 8 Last Checked: Aug 9 at 5:54AM

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.

Located in San Antonio’s historic Government Hill, Grayson Heights offers a variety of eclectic shops and small businesses popular with the local community. The property provides near immediate access to I-35 and Highway 281. Grayson Heights is a 5-story office building with 60,000 square feet of space, completely updated in 2016. It is the only Class A office in the walkable Government Hill Neighborhood. The building is in an ICRIP & Hub Zone Qualified area, offering unique city incentives. On-site ownership and property management are available. Free parking is provided to all tenants, and a parking garage is planned.

Key Highlights

  • Only Class A office space in the walkable Government Hill neighborhood.
  • Located in San Antonio's historic Government Hill, near eclectic shops and small businesses.
  • Near immediate access to I‑35 and Highway 281.

Property Analytics

Current Use

TSAOG Orthopaedics & Spine ... Physician Celerant Capital Financial Advisor Bank of America ATM Atm iscential Insurance: Steven ... Insurance Agency Grayson Heights Apartment Building

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Hair Salon Big Box & Wholesale Store Auto Parts Store

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

NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

833
Businesses Nearby

Demographics for 78208, TX

3,874
Population
2,292
Households
1.7
Avg Household Size
35
Median Age
13%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
3,874
Density / Sq Mi
$23,194
Median Household Income
$26,136
Median Earnings
$894
Median Rent
$125,000
Median Home Value

Market

Lease Benchmarks for San Antonio, TX

$21.38 /SF/Yr
Avg Asking Price
$14.5–$26 /SF/Yr
Price Range
18,845 SF
Avg Space Size

This space is priced 22% above the average of $21.38 /SF/Yr.

Vacancy Rate% for Office in San Antonio, TX

13.5% 2019
13.4% 2021
15.7% 2022
17.3% 2023
16.5% 2024
16% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Class A office space with unique city incentives available.
Where is this office building located?
The property is located at 1422 E Grayson St San Antonio, TX.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Only Class A office space in the walkable Government Hill neighborhood.; Located in San Antonio's historic Government Hill, near eclectic shops and small businesses.; Near immediate access to I‑35 and Highway 281.
(210) 253-6024 Call to check price and availability
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