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Marymont Business Park 2411 NE Loop 410 31,503 SF 100% Leased Flex Building San Antonio, TX 78217 $6,627,200 CAD ($210.37 CAD/SF) 8.28% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 31,503-Square-Foot, Multi-Tenant Flex Retail Center Located in Densely Populated and High Traffic Area of Northern San Antonio
  • Upside Potential | Well-Below Average Market Rents Provide Significant Room for Revenue Growth
  • Landlord Reports Recent Property Improvements within the Last Two Years
  • 100% Leased | All Leases are Triple-Net
  • Diverse Tenant Mix Including Service Providers, a Restaurant, Medical Services, Light Manufacturing, and More
  • Extremely High Traffic Counts of Roughly 216,300 Vehicles per Day, Cumulatively

EXECUTIVE SUMMARY

Marymont Center is a 100 percent leased, 31,503-square-foot, multi-tenant retail center located in a desirable area of northern San Antonio, Texas. Tenants are a complementary mix of internet-resistant and service-oriented businesses, including Wok This Way, Signarama, Texas Drug Screens, Accurate Automation and Controls, Graceland Psychiatric & Neuromodulation Center, Blue Ribbon Staffing, a church, Jui Jitsu Studio, and Dog Training Elite. Originally constructed in 1982, the building is situated on 2.06 acres with paved parking and a highly visible monument sign that provides additional exposure to the center.
Marymont Center is located on Northeast Interstate 410 Loop (Connally Loop) with traffic counts exceeding 216,300 vehicles per day. The subject property is surrounded by neighboring national and regional retailers including AutoZone Auto Parts, Arby's, Subway, Academy Sports and Outdoors, QuikTrip, The Home Depot, Olive Garden, Applebee's Grill + Bar, H-E-B, Lowe's Home Improvement, Walmart Supercenter, and many more. Iron Horse Valley Apartments are adjacent to the subject property, having 464 multi-family units, and is within walking distance.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $6,627,200 CAD
Price Per SF $210.37 CAD
Sale Type Investment NNN
Cap Rate 8.28%
Property Type Flex
Property Subtype Flex Research & Development
Building Class C
Lot Size 2.06 AC
Rentable Building Area 31,503 SF
No. Stories 1
Year Built 1982
Parking Ratio 4.76/1,000 SF
Clear Ceiling Height 8’
No. Drive In / Grade-Level Doors 10
Opportunity Zone Yes
Zoning C-3

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13868-000-0080
Land Assessment
$1,555,353 CAD
Improvements Assessment
$2,919,879 CAD
Total Assessment
$4,475,232 CAD
  • Listing ID: 33801502

  • Date on Market: 2024-11-08

  • Last Updated:

  • Address: 2411 NE Loop 410, San Antonio, TX 78217

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