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Office

Workforce Solutions

4535 E Houston St, San Antonio, TX 78220

Listing Price: $2,300,000

Cap Rate
6.41%
Rentable SF
12,000
Lot Size
1.74 acres
Year Built
1954

Investment Overview

Marcus & Millichap is pleased to present 4535 E HOUSTON – Workforce Solutions, a 12,025 square foot, two-tenant building located at 4535 E Houston Street within the South Santonio submarket. The property was built in 1954 on 1.74 acres with 1 point of ingress/egress and am-ple parking. Workforce Solutions currently occupies 11,700 square feet (97% of the property) and Rothe Enterprises occupying the remaining 325 square feet. Workforce Solutions has been committed to this site for over 20 years. In 2020, the property underwent a full renovation with $700,000 worth of improvements, including 2 new HVACs. Work-force Solutions is a long-standing tenant that renewed with a 10-year lease (8+ years remaining.) The property is located in a qualified HUB-Zone (Historically Underutilized Business Zone) less than a mile from two major interstate highways in San Antonio, I-10 and I-410. 4535 E Hous-ton is a stabilized asset that will provide an investor good return with strong, anticipated future upside in the 2nd fastest growing city in Texas.

Investment Highlights

  • Recent Full Renovation (2020)
  • 97 Percent Occupied by Long Standing Tenant
  • Workforce Solutions Recently Executed 10-Year Lease
  • Government Guaranty
  • Situated Near Major Highways (I-10 & I-410)
  • Part of the 2nd Fastest Growing City in Texas

Exclusively Listed By

Office

Workforce Solutions

Listing Price: $2,300,000

Cap Rate
6.41%
Rentable SF
12,000
Lot Size
1.74 acres
Year Built
1954

Investment Highlights

  • Recent Full Renovation (2020)
  • 97 Percent Occupied by Long Standing Tenant
  • Workforce Solutions Recently Executed 10-Year Lease
  • Government Guaranty
  • Situated Near Major Highways (I-10 & I-410)
  • Part of the 2nd Fastest Growing City in Texas

Investment Overview

Marcus & Millichap is pleased to present 4535 E HOUSTON – Workforce Solutions, a 12,025 square foot, two-tenant building located at 4535 E Houston Street within the South Santonio submarket. The property was built in 1954 on 1.74 acres with 1 point of ingress/egress and am-ple parking. Workforce Solutions currently occupies 11,700 square feet (97% of the property) and Rothe Enterprises occupying the remaining 325 square feet. Workforce Solutions has been committed to this site for over 20 years. In 2020, the property underwent a full renovation with $700,000 worth of improvements, including 2 new HVACs. Work-force Solutions is a long-standing tenant that renewed with a 10-year lease (8+ years remaining.) The property is located in a qualified HUB-Zone (Historically Underutilized Business Zone) less than a mile from two major interstate highways in San Antonio, I-10 and I-410. 4535 E Hous-ton is a stabilized asset that will provide an investor good return with strong, anticipated future upside in the 2nd fastest growing city in Texas.

Exclusively Listed By

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