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1102 Brussels ST,  San Antonio TX, 78219

(Active)
$6,123,300
|
37,420 sqft
|
MLS# 9394086
Last Updated: 5/18/2024 4:28 AM
Description for 1102 Brussels ST San Antonio, TX 78219
Gold Tier Real Estate is proud to present 1102 Brussels, a single tenant NNN deal nestled in the heart of San Antonio. FedEx has been the sole tenant since 1986, solidifying their commitment to this building. While the building mainly acts as a receiving and distribution space for the company, the front of the building is finished as a retail print and ship center for customers. The current cap rate is 5.50% with a bump in December 2024, bringing the return to 5.81%. Comparable properties suggest the in place rent is ~10.00% below market.
Price
$6,123,300
None
Bexar
37,420 (approx)
9394086
Active
Description
Gold Tier Real Estate is proud to present 1102 Brussels, a single tenant NNN deal nestled in the heart of San Antonio. FedEx has been the sole tenant since 1986, solidifying their commitment to this building. While the building mainly acts as a receiving and distribution space for the company, the front of the building is finished as a retail print and ship center for customers. The current cap rate is 5.50% with a bump in December 2024, bringing the return to 5.81%. Comparable properties suggest the in place rent is ~10.00% below market.
Listing Information
Property Type: Industrial, Business Opportunities, Other
2.66 Acres 37,420 (approx) 1986
Cement plank
None
Public
Public Sewer
Electricity Connected, Sewer Connected, Water Connected
Industrial
Neighborhood
Room Information
Interior Features
Concrete, Carpet
Central Air
Other, See Remarks
Accessible Entrance
See Remarks
Exterior / Lot Features
97 Parking Spaces, Concrete
Cement Plank
Community Features
See Remarks
Driving Directions
From Austin head south on IH-35. Take exit 160 toward AT&T Center Pkwy. Stay on frontage until you hit FrostBank Center Dr and take a left (0.3mi). Turn left onto Belgium Ln (0.4mi). Turn right onto Brussels St and the property will be on your left (0.1mi).
Financial Considerations
618672
$81,639
Cash, Conventional
Listing Price History

San Antonio Real Estate

San Antonio is located in Texas. San Antonio, Texas 78219 has a population of 7,897.

The median household income in San Antonio, Texas 78219 is $40,168. The median household income for the surrounding county is $61,625 compared to the national median of $66,222. The median age of people living in San Antonio 78219 is 35 years.

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Courtesy: Gold Tier Real Estate, LLC, (512) 674-5727
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS
This content last refreshed on 5/18/2024 4:28 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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