8522 Broadway StSan Antonio, TX 78217

Property Details for 8522 Broadway St

Year built

2006

Lot size

2.43 AC

Property size (Sq ft)

42,236 SF

Property type

Retail properties

Property subtype

Retail space

APN

12571-001-0370

APU

125710010370

Description

This exceptional 39,333 square foot, two-story medical office building, located at 8522 Broadway Street in San Antonio, Texas, presents a unique investment opportunity. Situated on a 2.43-acre lot in Bexar County, zip code 78217, the property boasts a completely vacant space, ready for immediate occupancy. The building underwent a comprehensive renovation in 2018, ensuring modern and efficient facilities. The single-tenant configuration offers flexibility and control for a prospective lessee. Ample parking is available with 25 spaces provided on-site. The property's classification as both retail and office, specifically a mixed-use center with a medical office subtype, makes it suitable for a wide range of healthcare providers or businesses seeking a high-visibility location. Its strategic location on Broadway Street in San Antonio offers excellent accessibility and high traffic volume. The building's size and layout provide significant potential for customization and adaptation to meet the specific needs of a new tenant. This is a rare opportunity to acquire a fully vacant, renovated medical office building in a desirable San Antonio location. The property is available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $11,652,980

  6.5%

  $10,756,597

  7%

  $9,988,268

• Comparable approach

  Method

  Valuation

  Relative Method

  $24,189,418

  Geo Method

  $24,189,418

• Alternative Use

  Use

  Valuation

  Residential

  $9,073,592

  Hospitality

  $8,311,362

  Educational

  $6,914,955

  Medical

  $7,152,771

  Retail

  $10,756,597

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.5178

Longitude

-98.4625

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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