For Sale

Unpriced

4546 W Commerce St San Antonio, TX 78237

Date listed: Oct 27, 2022

Details

Property Type: Office, Retail, Special Purpose

Sub Type: Day Care/Nursery, Religious/Church

Square Footage: 7,025

Net Rentable (SqFt): 7,025

Cap Rate: 7.50%

Occupancy: 100%

Tenancy: Single

Lease Expiration: 02/20/2028

Description

An excellent investment opportunity located in a high-traffic, densely populated corridor of San Antonio’s west side. This 7,025 SF property is currently occupied by a national nonprofit organization, The Universal Church Inc., and produces reliable income with minimal landlord responsibilities.

The asset was fully renovated in 2024, including critical infrastructure upgrades. With front and rear access, a flexible layout including open areas, kitchen, and private rooms, and ample parking space, this property is well-positioned for a variety of uses in the future.

This offering presents a compelling opportunity for investors to acquire a single-tenant, MG-leased investment property in a robust San Antonio submarket.

Existing Tenant: The Universal Church Inc., a well-established nonprofit with national operations.

Lease Expiration: February 2028

Annual Rent Increases: Opportunity for escalations with extended term

Landlord Responsibilities: Minimal – MG Lease

Cash Flow: Stable, inflation-resistant income

2024 Improvements Include:

• Sewer plumbing replaced

• Foundation Repaired

• New HVAC units

• Asbestos abatement

• Ceiling, epoxy flooring, electrical, lighting upgrades

• New Sheetrock, paint, and doors throughout

Location Highlights:

• Situated on W Commerce St, just one block from N General McMullen Dr, with combined traffic counts exceeding 36,000 vehicles per day, 5-mile population: Over 352,000 residents

• Nearby Landmarks: St. Mary’s University (2 miles), Our Lady of the Lake University, Downtown San Antonio (4 miles), Easy access to I-10, I-35, and Hwy 90, Surrounded by national retailers and fast food chains

This is an excellent opportunity to acquire a turnkey income-producing asset in San Antonio, TX

DO NOT DISTURB THE TENANT, PROPERTY WILL BE SHOWN ONLY UNDER ACCEPTED LOI TERMS

Highlights

  • Located on the densely populated west side SA, 5-mile population: Over 352,000 residents

  • 29,000+ VPD on Commerce St and 36,000+ VPD on Gen. McMullen

  • Prime Location, surrounded by national retailers and fast food chains, only 4 miles to Downtown San Antonio and easy access to I-10, I-35, and Hwy 90

  • Tenancy: A well-established nonprofit with national operations

  • Minimal Lanlord responsibilities

  • Renovated asset in 2024, including critical infrastructure upgrades

Carlos Iglesias

Commercial Real Estate Broker

License: TX 519499

your investment starts here

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Houston, TX, 77037

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