11711 I-35 San Antonio, TX 78233
- Retail properties
- 172,030 SF
- 22.33 lot acres
Current Use by Public Records
- Retail properties
Property Details for 11711 I-35
- Year built
- 1994
- Lot size
- 22.33 lot acres
- Property size
- 172,030 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.3705
- Latitude
- 29.5476
