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Little Playhouse Learning Center 543 10th St 4,152 SF Office Building Floresville, TX 78114 $1,395,222 CAD ($336.04 CAD/SF) 8.64% Cap Rate
INVESTMENT HIGHLIGHTS
- Single tenant, net-lease asset
- Located in a rapidly growing community within the San Antonio MSA
- Standalone building in a robust retail submarket, surrounded by other dominant retailers such as Tractor Supply, Dollar Tree, Walmart, and HEB Grocery
- Personal Guaranty with 4.5 years remaining on lease and rent increase in year 2
- Heavily trafficked retail corridor with over 22,500 VPD
EXECUTIVE SUMMARY
CBRE’s South Texas Investment Properties Team has been exclusively retained to offer for sale a single-tenant, net leased Little Playhouse Learning Center in Floresville, Texas (the “Property”). With highway frontage on US-181, the most heavily trafficked thoroughfare in Floresville with over 22,500 VPD, the Property is located just 25 minutes from downtown San Antonio and surrounded by national retailer such as Tractor Supply, Dollar Tree, McDonalds, Dollar General, Walmart, and HEB Grocery.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
4,152 SF
Building Class
C
Year Built
1995
Price
$1,395,222 CAD
Price Per SF
$336.04 CAD
Cap Rate
8.64%
NOI
$120,552 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,152 SF
Slab To Slab
9’
Building FAR
0.08
Lot Size
1.27 AC
Zoning
Commercial - Medical office
Parking
22 Spaces (5.3 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bio-Tech/ Lab Space
- Security System
- Wheelchair Accessible
- Reception
- Partitioned Offices
- Drop Ceiling
- Monument Signage
- Air Conditioning
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 26459 | Improvements Assessment | $1,164,676 CAD |
| Land Assessment | $629,267 CAD | Total Assessment | $1,793,942 CAD |
PROPERTY TAXES
Parcel Number
26459
Land Assessment
$629,267 CAD
Improvements Assessment
$1,164,676 CAD
Total Assessment
$1,793,942 CAD
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Little Playhouse Learning Center | 543 10th St
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