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Midway Plaza 11467 Huebner Rd 38,443 SF 100% Leased Office Building San Antonio, TX 78230 $6,659,104 CAD ($173.22 CAD/SF) 9.25% Cap Rate

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Investment Highlights

  • Proven historically full-occupancy boutique office among strong demographic neighborhoods and in a robust office submarket
  • Upside potential with mark-to-market rents
  • Major capital investment in tenant improves completed in 2024
  • Highly-amenitized area with over 500,000 SF of retail and entertainment one block away
  • Less than 50% of replacement costs
  • Track record of high demand - maintaining 98%+ occupancy at year-end since 2018

Executive Summary

This 3-story boutique office building was built in 2003, spans 38,443 rentable square feet and has a a strong tenant mix that includes attorney offices, software development, medical billing, and a BCBS affiliated benefits administrator.
The Property offers investors an opportunity to buy an exceptionally located historically stable office building with in-place rents 10% below market at less than 50% of replacement cost. The Property is also suitable for a user-buyer with cash flow in-place until they backfill tenant spaces with future expiration dates.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
38,443 SF
Building Class
A
Year Built
2003
Price
$6,659,104 CAD
Price Per SF
$173.22 CAD
Cap Rate
9.25%
NOI
$615,693 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
13,718 SF
Slab To Slab
10’
Building FAR
0.45
Lot Size
1.97 AC
Zoning
C-2 Commercial
Parking
133 Spaces (3.5 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Property Manager on Site
  • Security System
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 2,329 SF
  • Office
  • Full Build-Out
  • Now

2329sf of office space, exceptionally located at Midway Plaza on Huebner Rd, less than half a mile from I-10. 7 private offices, 2 large conference rooms, kitchen, reception area, storage and/or IT closet. In close proximity to the Medical Center, Loop 1604, The Rim, La Cantera, and Shavano Park. Card key access. Abundant parking. Monument signage along heavily trafficked Huebner Rd available.

Space Size Space Use Condition Available
1st Floor 2,329 SF Office Full Build-Out Now

1st Floor

Size
2,329 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 2,329 SF
Space Use Office
Condition Full Build-Out
Available Now

2329sf of office space, exceptionally located at Midway Plaza on Huebner Rd, less than half a mile from I-10. 7 private offices, 2 large conference rooms, kitchen, reception area, storage and/or IT closet. In close proximity to the Medical Center, Loop 1604, The Rim, La Cantera, and Shavano Park. Card key access. Abundant parking. Monument signage along heavily trafficked Huebner Rd available.

Property Taxes

Property Taxes

Parcel Number
17333-001-0030
Land Assessment
$1,988,043 CAD
Improvements Assessment
$5,634,509 CAD
Total Assessment
$7,622,552 CAD
  • Listing ID: 37599771

  • Date on Market: 2025-09-09

  • Last Updated:

  • Address: 11467 Huebner Rd, San Antonio, TX 78230

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