7637 Fm 3009, Schertz, TX 78154

Property Details for 7637 Fm 3009

Property type

Warehouses

Property subtype

Industrial properties

Description

This exceptional 2,500-square-foot flex warehouse in Schertz, Texas, presents a compelling investment opportunity. Located at 7637 FM3009, Unit 705, this single-tenant property boasts insulated masonry construction, energy-efficient LED lighting, and a finished mezzanine adding 500 square feet of usable space. The warehouse features attractive amenities including epoxy flooring, a kitchenette and mop sink, private restrooms and shower, and 24/7 access. The 14x14 overhead door with operator enhances functionality. The property benefits from a prime location, just two miles from I-35, adjacent to a FedEx Ground Distribution Center, minutes from an Amazon Fulfillment Center, and near a Walmart Supercenter. Its proximity to San Antonio, the second most populous city in Texas, further enhances its appeal. Currently leased on a NNN basis until September 30, 2025, the property offers a 5.70% cap rate at the asking price of $625,000. The current lease provides a stable income stream, and upon expiration, the property's value is projected to increase significantly, given comparable new units are selling for $792,000 and leasing for $18 per square foot. This presents a strong potential for future rental income of approximately $45,000 annually. The roof and exterior structure are covered by the HOA. The wide paved aisles and carpet and electrical in the mezzanine area add to the property's versatility and appeal. This is an ideal investment for those seeking a high-return, well-located industrial property with strong future potential.

Location Insight

City

Schertz

County

Comal

State

Texas

Longitude

-98.2884

Latitude

29.6189