Property Description
Gold Tier Real Estate is proud to present 1102 Brussels, a single tenant NNN deal nestled in the heart of San Antonio. rnrnFedEx has been the sole tenant since 1986, solidifying their commitment to this building. While the building mainly acts as a receiving and distribution space for the company, the front of the building is finished as a retail print and ship center for customers. rnrnThe current cap rate is 5.50% with a bump in December 2024, bringing the return to 5.81%. Comparable properties suggest the in place rent is ~10.00% below market.
Features
: See Remarks
: Central Air
: Accessible Entrance, Enhanced Accessibility
: Private Restrooms
: Concrete, Carpet
: Concrete
: Public Sewer
: Electricity Connected, Water Connected, Sewer Connected
Address Map
US
TX
Bexar
San Antonio
78219
1102 Brussels ST, San Antonio TX 78219
0
W99° 34' 20.1''
N29° 26' 15.7''
From Austin head south on IH-35. Take exit 160 toward AT&T Center Pkwy. Stay on frontage until you hit FrostBank Center Dr and take a left (0.3mi). Turn left onto Belgium Ln (0.4mi). Turn right onto Brussels St and the property will be on your left (0.1mi).
None
MLS Addon
Gold Tier Real Estate, LLC
Taylor Golden
725215
703930
1
: Storage, Garage(s)
: Standard
: Public
Commercial Sale For Sale
1102 Brussels ST, San Antonio TX 78219, San Antonio, Texas 78219
115,870 Sqft
$6,123,300
Listing ID #9394086
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 9394086
Price : $6,123,300
Year Built : 1986
Lot Area : 115,870 Sqft
Building Area : 37,420 Sqft
Status : Active
Property SubType : Industrial
Agent info
