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21232 Gathering Oak
San Antonio, TX 78260
Office Property For Sale
Investment Highlights
- Opportunity to acquire a strong cash-flow asset with a compelling mark-to-market, value-add story.
- Expense reimbursement revenue is currently ±70% lower than the competitive set.
- The immediate location has limited available commercial sites and benefits from strong barriers to entry.
- The in-place average rental rate is $20.69 plus electric per square foot, compared to the competitive set of $25.05 plus electric per square foot.
- 21232 Gathering Oak is well located in the Stone Oak area; San Antonio’s largest master planned community.
Property Facts
Property Type
Office
Building Size
15,000 SF
Building Class
B
Year Built
2002
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,000 SF
Building FAR
0.24
Lot Size
1.41 AC
Zoning
C-3 - General Commercial District
Parking
62 Spaces (4.21 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Signage
- Storage Space
Property Taxes
| Parcel Number | 19216-043-0110 | Improvements Assessment | $1,387,830 |
| Land Assessment | $587,170 | Total Assessment | $1,975,000 |
Property Taxes
Parcel Number
19216-043-0110
Land Assessment
$587,170
Improvements Assessment
$1,387,830
Total Assessment
$1,975,000
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