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Alamo Towers 2 Office Properties in San Antonio, TX
Investment Highlights
- Unsurpassed Visibility and Ease of Access
- Strong Central Location with Plenty of Convenient Area Amenities
- Excellent Central Location Advantage for Employee Recruitment and Retention
- Extra Land for Development
- Well-Located, “Good Bones” Value-Add Office with Near-term Upside
- Stable Tenancy with Diversified Cash Flow
Executive Summary
This offering provides an amazing opportunity to acquire Alamo Towers (“Property”), two eight-story properties in a great location with a clear path to lease-up, higher rent and double-digit stabilized yield. There are no buildings more prominent than Alamo Towers along Loop 410 in San Antonio’s north central submarket. Current ownership is in the midst of modernizing the properties so new ownership can complete the transformation to position Alamo Towers as the best Class B+/A- asset in the area. Immediate upside can be realized with spec suites and landscaping. The adjacent under-utilized 3.5 acres can be separately platted and sold off as smaller retail pad sites and/or as one parcel for largerscale development.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 185,082 SF |
| Number of Properties | 2 | Total Land Area | 14.44 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 185,082 SF |
| Total Land Area | 14.44 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Alamo Towers East
909 NE Loop 410, San Antonio, TX 78209 |
Office | 92,930 SF | 1975 | - |
|
Alamo Towers West
901 NE Loop 410, San Antonio, TX 78209 |
Office | 92,152 SF | 1975 | - |
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Alamo Towers
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