1402 Hoefgen Ave - Warehouse FOR SALE


San Antonio, TX 78210
$2,200,000 USD
210-268-9880
1402 Hoefgen Ave, San Antonio, TX for Sale
$2,200,000 USD
Warehouse - FOR SALE
1/15
null | Request Cap Rate

1402 Hoefgen Ave
San Antonio, TX 78210


HIGHLIGHTS

  • Excellent Access
  • Yard Space Available
  • Ready for Immediate Occupancy

OVERVIEW

1402 Hoefgen is a 2.03 Acre property located just a few hundred feet east of U.S 281 and 1.5 miles southeast of Downtown San Antonio. It features 12,950 Sf of net rentable area, three buildings, including one dedicated office building, two warehouses, covered parking and an additional 5,375 Sf of covered storage. Ownership recently completed several capital improvement projects including laying down new base for the yard, painting the buildings, upgrading the office and landscaping the property. The property offers investors the opportunity purchase the property with in-place cash flow, lease the remaining vacant space and stabilize at a market cap rate. Additionally, owner-users can occupy the remaining vacancy (6,809 Sf of office and shop space)and offset their costs with in-place income from the existing tenant. This property sits proximate to downtown San Antonio, hemisfair, southtown and less than a mile from the reported future home of the San Antonio Spurs. Long-term investors with a forward outlook are likely to benefit from the dynamic changes taking place just a short distance away.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

16 Ft

DOCKS

1

DRIVE INS

5

PARKING SPACES

16

LAND DETAILS

LAND ACRES

2.03

LAND SF

88,427

ZONING

I-1

APN/PARCEL ID

00027-000-0031

ASK ABOUT THIS PROPERTY

Collin NewtonCentro PropertiesMore Info
210-268-9880

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Collin NewtonCentro PropertiesMore Info
210-268-9880

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