10906 Laureate Dr 7,205 SF 26% Leased Flex Building San Antonio, TX 78249 $2,144,239 CAD ($297.60 CAD/SF)

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 10906 Laureate Drive in San Antonio, Texas. The subject property consists of approximately 7,205 square feet of flex space and is situated on 0.58 acres of land. The multi-tenant asset features two units, a clear height ranging between 13’ and 15’, three grade-level doors, three-phase heavy power, 20 parking spaces, and 3,937 square feet of office space. Delivered in 1995, the property was renovated in 2017. Located just off Interstate 10, the property sits about 12 miles northwest of Downtown San Antonio. With only 1,887 square feet of the property occupied by Coppera LLC on a lease that runs through July 2026 (renewable for 24 months with a 2.5 percent escalation), the property can be purchased as a lease-up investment, partial owner use and investment, or for full owner use.
The subject property is well-positioned within the mid-sized Northwest submarket, containing 17.8 million square feet of industrial space. In 2025, net absorption contracted by about -112,000 square feet as net deliveries added roughly 111,000 square feet to the inventory. Industrial vacancies rose to 7.1 percent as annual rent growth slowed to 2.0 percent. With only slightly more than 73,000 square feet under construction, representing less than 1.0 percent of inventory, industrial demand will be in the driver’s seat of vacancies and rents in Northwest for the foreseeable future (CoStar).
Home to the Alamo and famous River Walk, San Antonio metro is the primary residence of 2.7 million people. San Antonio is the second most populous city in Texas behind Houston, housing more than 1.5 million residents. The local economy is anchored by the industries of healthcare, tourism, and national defense. An extensive transportation network provides shipping options to domestic and international markets. Additionally, the formation of the Eagle Ford Shale that runs through Atascosa and Wilson counties has cultivated a thriving energy sector. Valero Energy, one of the largest oil companies in the U.S., is headquartered in San Antonio. Major private employers include AT&T, Wells Fargo, USAA, and Toyota. San Antonio offers a high quality of life with a variety of entertainment including the NBA’s San Antonio Spurs, SeaWorld, and Six Flags.