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2207 S Zarzamora St 5,225 SF 100% Leased Office Building San Antonio, TX 78207 $699,000 ($133.78/SF) 9.10% Cap Rate
Investment Highlights
- Priced Below Replacement Cost
- Visibility on Zarzamora Street
- Large Parking Lot and Drive-Thru
- Dense Trade Area close with Proximity to Downtown
- Below Market In-Place Rents
Executive Summary
The Property is 100% leased to two tenants with below market rents in and is located just 5 miles from Downtown San Antonio with frontage on Zarzamora. At an offering price of $699,000 and in- place cap rate of 9.1%, 2207 S Zarzamora represents a bite-sized investment opportunity in a dense submarket of San Antonio.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,225 SF
Building Class
B
Year Built
2014
Price
$699,000
Price Per SF
$133.78
Cap Rate
9.10%
NOI
$63,600
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,225 SF
Building FAR
0.17
Lot Size
0.71 AC
Zoning
C2 - Commercial
Parking
30 Spaces (13.95 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Air Conditioning
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Property Taxes
| Parcel Number | 06314-003-0220 | Improvements Assessment | $761,420 |
| Land Assessment | $238,580 | Total Assessment | $1,000,000 |
Property Taxes
Parcel Number
06314-003-0220
Land Assessment
$238,580
Improvements Assessment
$761,420
Total Assessment
$1,000,000
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2207 S Zarzamora St
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