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Office

Tower West

6100 Bandera Rd, San Antonio, TX 78238

Listing Price: $10,500,000

Gross SF
139,480
Rentable SF
139,480
Price/Gross SF
$75.28
Lot Size
5.83 acres
Year Built
1983

Investment Overview

Marcus & Millichap and Mission Capital ("Brokers") are pleased to offer for sale a Class-B office building located at 6100 Bandera Road, San Antonio, TX (the "Property"). The Property, also known as Tower West is a nine-story, 139,480 NRSF office building on 5.83 acres of land. The Property is 52.27 percent occupied by a diverse tenant roster as of November 2022. The Property is located in the Northwest submarket of San Antonio, and is in close proximity to a number of key employment drivers, including Lackland and Kelly Air Force bases, as well as the South Texas Medical Center and the NSA campus The Brokers are soliciting indicative bids from prospective bidders (the “Prospective Bidders”) for the purchase of the Property. The Brokers and the Seller, in the sole and absolute discretion of the Seller, will then invite final bidder(s) (the “Final Bidder(s)”) to complete due diligence and submit non-contingent final bid(s) on the final bid date (the “Final Bid Date”) pursuant to the timeline set forth herein. Event & Due Dates: Sale Announcement - Tuesday, January 24 (MNET Launch) Initial Data Distribution - Already Available Indicative Bid Date - Thursday, February 16 Final Bid Date - Wednesday, March 8 Winning Bidder Selected - Thursday, March 9 10% Non-Refundable Deposit Due - Friday, March 10 Closing Period - March 31 - April - 14

Investment Highlights

  • Great Location: Tower West is in proximity to San Antonio's central business district and is nearby a number of key employers including the South Texas Medical Center, 2 military bases and the NSA.
  • Strong Demographics: 404,593 people reside within a five miles radius of the Property and 1,199,455 people reside within a ten mile radius of the Property.
  • Value-Add Opportunity: The Asset is on 52.7% occupied. There is significant upside potential upon stabilization.
  • High Quality Design: The Property is a 9-story office building with unobstructed panoramic views
  • Diversified Tenant Roster: A diversified roster of 24 tenants reduces risks of large vacancy created by anchor tenants vacating.

Exclusively Listed By

Listing Price: $10,500,000

Gross SF
139,480
Rentable SF
139,480
Price/Gross SF
$75.28
Lot Size
5.83 acres
Year Built
1983

Investment Highlights

  • Great Location: Tower West is in proximity to San Antonio's central business district and is nearby a number of key employers including the South Texas Medical Center, 2 military bases and the NSA.
  • Strong Demographics: 404,593 people reside within a five miles radius of the Property and 1,199,455 people reside within a ten mile radius of the Property.
  • Value-Add Opportunity: The Asset is on 52.7% occupied. There is significant upside potential upon stabilization.
  • High Quality Design: The Property is a 9-story office building with unobstructed panoramic views
  • Diversified Tenant Roster: A diversified roster of 24 tenants reduces risks of large vacancy created by anchor tenants vacating.

Investment Overview

Marcus & Millichap and Mission Capital ("Brokers") are pleased to offer for sale a Class-B office building located at 6100 Bandera Road, San Antonio, TX (the "Property"). The Property, also known as Tower West is a nine-story, 139,480 NRSF office building on 5.83 acres of land. The Property is 52.27 percent occupied by a diverse tenant roster as of November 2022. The Property is located in the Northwest submarket of San Antonio, and is in close proximity to a number of key employment drivers, including Lackland and Kelly Air Force bases, as well as the South Texas Medical Center and the NSA campus The Brokers are soliciting indicative bids from prospective bidders (the “Prospective Bidders”) for the purchase of the Property. The Brokers and the Seller, in the sole and absolute discretion of the Seller, will then invite final bidder(s) (the “Final Bidder(s)”) to complete due diligence and submit non-contingent final bid(s) on the final bid date (the “Final Bid Date”) pursuant to the timeline set forth herein. Event & Due Dates: Sale Announcement - Tuesday, January 24 (MNET Launch) Initial Data Distribution - Already Available Indicative Bid Date - Thursday, February 16 Final Bid Date - Wednesday, March 8 Winning Bidder Selected - Thursday, March 9 10% Non-Refundable Deposit Due - Friday, March 10 Closing Period - March 31 - April - 14

Exclusively Listed By

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