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4535 E Houston

4535 E Houston St, San Antonio, TX 78220

Listing Price: $1,800,000

Cap Rate
7.12%
Rentable SF
12,000
Lot Size
1.74 acres
Year Built
1954

Investment Overview

Marcus & Millichap is pleased to present 4535 E Houston – a 12,025 square foot former grocery store property, located at 4535 E Houston Street within the South San Antonio submarket. The property was built in 1954 on a 1.74-acre lot for a grocery operation and later converted to house the current tenant, Workforce Solutions who has occupied the site for over twenty (20) years. Workforce Solutions recently signed a new, 10-year lease (8+ years remaining) and performed major renovations that show strong commitment to the location. 4535 E Houston is strategically located near the intersection of E Houston Street and S WW White Road, and in the path of growth with the dynamic expansion of the city of San Antonio. Other highlights include being in a qualified HUB-Zone (Historically Underutilized Business Zone), nearby schools and other businesses, close to major highways (I-10 & I-410) for easy access and surrounded by a stable residential population. An investor can realize stable returns with the ability to reconsider the highest and best uses due to the locations’ strong, anticipated future upside.

Investment Highlights

  • Recent Fully Renovated Property
  • Nearby Schools, Businesses & A Stable Residential Population
  • Situated In San Antonio's Path of Growth
  • 97% Occupied By A Government Entity (Workforce Solutions)
  • Situated Near Major Highways (I-10 & I-410)
  • Stable Returns With Highly Anticipated Future Upside

Exclusively Listed By

Listing Price: $1,800,000

Cap Rate
7.12%
Rentable SF
12,000
Lot Size
1.74 acres
Year Built
1954

Investment Highlights

  • Recent Fully Renovated Property
  • Nearby Schools, Businesses & A Stable Residential Population
  • Situated In San Antonio's Path of Growth
  • 97% Occupied By A Government Entity (Workforce Solutions)
  • Situated Near Major Highways (I-10 & I-410)
  • Stable Returns With Highly Anticipated Future Upside

Investment Overview

Marcus & Millichap is pleased to present 4535 E Houston – a 12,025 square foot former grocery store property, located at 4535 E Houston Street within the South San Antonio submarket. The property was built in 1954 on a 1.74-acre lot for a grocery operation and later converted to house the current tenant, Workforce Solutions who has occupied the site for over twenty (20) years. Workforce Solutions recently signed a new, 10-year lease (8+ years remaining) and performed major renovations that show strong commitment to the location. 4535 E Houston is strategically located near the intersection of E Houston Street and S WW White Road, and in the path of growth with the dynamic expansion of the city of San Antonio. Other highlights include being in a qualified HUB-Zone (Historically Underutilized Business Zone), nearby schools and other businesses, close to major highways (I-10 & I-410) for easy access and surrounded by a stable residential population. An investor can realize stable returns with the ability to reconsider the highest and best uses due to the locations’ strong, anticipated future upside.

Exclusively Listed By

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