Active

1102 Brussels ST

San Antonio TX, 78219

$6,123,300


$163.64 per sqft

Active

37,420 sqft

Commercial

Built in 1986

Gold Tier Real Estate is proud to present 1102 Brussels, a single tenant NNN deal nestled in the heart of San Antonio.

FedEx 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.

The 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.

9394086

MLS ID

April 1, 2024

Listed

May 10, 2024

Updated

Map

1102 Brussels ST
San Antonio TX, 78219

Interior Features

Floor Description

Carpet, Concrete


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

See Remarks

Exterior/Building Features

Lot Size

2.66 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Out of Area


Garage

No


Parking

Concrete


View

No


County

Bexar


Water Source

Public


Pool

No


Buyer Agency Compensation

3%

Courtesy of Gold Tier Real Estate, LLC

Listing Contact: (512) 674-5727

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Local Life shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Database last updated 7:58 PM UTC, 5/10/2024

 

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