Alamo Business Park 4404-4420 N Interstate 35 Local d'activités 4 631 m² 90 % Loué À vendre San Antonio, TX 78218 4 686 000 € (1 011,93 €/m²) Taux de capitalisation 7,74 %

Alamo Business Park (the “Property”) is a 49,845-square-foot, value-add, multi-tenant small-bay industrial asset situated on 2.6 acres in San Antonio’s infill Northeast Submarket. The Property is prominently positioned along N. Interstate 35 at the intersection of I-35N and Loop 410, less than three miles north of Interstate 10, providing excellent regional connectivity. The location benefits from outstanding visibility with more than 110,000 vehicles per day passing directly in front of the Property.
Built in 2008, the Property consists of a single small-bay industrial building that is currently 100% occupied (4,864 SF master leased seller), with a Weighted Average Lease Term (WALT) of 2.7 years. The building is demised into eight suites averaging 6,231 square feet, and features a fenced, exclusive parking area. The Property presents a compelling rental rate mark-to-market opportunity, with in-place average rents of $8.54/SF NNN compared to current market rents of approximately $12.00/SF NNN.
By capturing market rents, the Property has the potential to deliver a pro forma cap rate of 9.26% in Year 5 of ownership, while also providing strong current cash flow with an attractive in-place cap rate of 7.74%.
The Property further benefits from its central infill location, with immediate access to I-35N, Loop 410, and Interstate 10, enabling travel to most major residential areas of San Antonio within a 20-minute drive.
Overall, Alamo Business Park offers investors a rare, true value-add multi-tenant small-bay industrial opportunity—combining strong current income, significant mark-to-market upside, and a premier location in San Antonio’s most active and established infill industrial corridor.