1703 Fredericksburg Rd San Antonio, TX 78201
- Strip malls
- 5,112 SF
- 0.23 lot acres
Current Use by Public Records
- Gloss Dental - San Antonio / Oral Surgeon / Orthodontist
- Gloss Dental / Dentist / Dental Hygienist
Property Details for 1703 Fredericksburg Rd
- Year built
- 1960
- Lot size
- 0.23 lot acres
- Property size
- 5,112 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 01937-035-0010
- APU
- 19370350010
Description
This exceptional San Antonio commercial property, located at 1703 Fredericksburg Rd, offers a unique investment opportunity. The 5,112 square foot building sits on a 0.22-acre lot and features a blend of office and retail space, currently zoned C-2 (commercial). The property boasts approximately 2,112 square feet of vacant space, ideal for a variety of uses, alongside an existing tenant, Shine Dental, occupying 3,000 square feet under a recently commenced lease. The existing lease for Shine Dental provides a strong, stable income stream, with projected Net Operating Income (NNN) increasing incrementally over a ten-year period: Year 1: $66,000; Years 2-5: $72,000; Years 6-10: $79,200. The 2023 estimated NNN expenses are $8.95 per square foot. The property offers significant street visibility with approximately 210 feet of frontage on Fredericksburg Road and approximately 183 feet of frontage on West Kings Highway. Ample parking is available, with a ratio of 4.11 spaces per 1,000 square feet. This multi-tenant property presents a compelling combination of immediate income and future development potential in a desirable San Antonio location. The property is classified as a Class C building with a Triple Net (NNN) lease type.
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
- -98.5222
- Latitude
- 29.4604
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
