Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for 7704 South Loop 1604 E, Elmendorf, Texas 78112. This is a 10,000-square-foot, single-tenant building with medical quality finishes throughout the first floor. The property is less than six miles away to I-37 and 2.5 miles to South US Highway 181. The property also features 400 linear feet of Loop 1604 frontage, accumulating exposure to over 4,100 vehicles per day. The building was built in 1993 and was home to therapeutic clinic prior to being vacated. There are two stories in the building and can improve functionality of the layout for an owner user. This property is being sold with 4 additional acres of land behind the building. This additional land touches Schultz Road and can make for additional ingress and egress ways. There is already a paved parking lot that needs to be restriped. The round about nature of the paved parking lot layout makes the flow of traffic efficient. Owner has agreed to replace HVAC and electrical in the building. The metal roof is in good condition as well as well as the exterior brick of the building. Remaining condition of the building is TBD. Medical finishes from previous tenant allow for an owner occupier to purchase space well below market value of a similar quality build-out. The qualified opportunity zone incentivizes economic activity around the area. These incentives can direct exit strategies and save you money as the investor in the area.