11711 I-35 San Antonio, TX 78233
This exceptional investment opportunity presents a 172,030 square foot, multi-tenant commercial property situated on 22.33 acres at 11711 I-35 N in San Antonio, Texas. The Class B building, constructed in 1994 and renovated in 2009 and 2022, boasts a diverse tenant mix including Fortune 500 companies, government agencies, and local businesses, resulting in a strong 77% occupancy rate. The property features a NNN lease structure, providing a stable income stream. Its prime location along the I-35N corridor, between San Antonio and Austin, offers unparalleled access to a rapidly growing market. The property is zoned I-1 and C-3, allowing for significant development potential, further enhancing its long-term investment value. With over 525 feet of highway frontage, this single-story building presents a compelling opportunity for investors seeking substantial returns in a thriving Texas market. The 8.45% cap rate underscores the property's strong financial performance. This is a rare chance to acquire a well-established, high-capacity office property with considerable upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.