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We Care Plaza 3603 Fredericksburg Rd 32,500 SF 100% Leased Retail Building San Antonio, TX 78201 $1,600,000 ($49.23/SF) 8.37% Cap Rate



Investment Highlights
- • Asset Type: Multi-Tenant Retail / Office (with Flex-Warehouse potential)
- • Transit-Oriented: Located directly on the VIA Primo bus line
- • Office Component: Two floors of finished suites with elevator access
- • Total Visibility: High-profile pylon signage with 24,000 VPD (Vehicles Per Day)
- • Total Retail: ±3,000 SF divided into four active storefronts
- • Investment Upside: Short-term/MTM leases allow for immediate repositioning
Executive Summary
Cano and Company Commercial Real Estate is pleased to present the opportunity to acquire fee-simple ownership of a versatile retail and office building located at 3603 Fredericksburg Road, San Antonio, Texas 78201.
Strategic Location & Visibility
This property is well-positioned with prominent frontage along Fredericksburg Road, a major San Antonio thoroughfare seeing approximately 24,000 vehicles per day. The site benefits from excellent transit accessibility, as it is directly serviced by the VIA Metropolitan Transit Primo line.
Current Configuration
The building is currently optimized for a mix of retail and professional office use:
• Retail Space: Approximately 3,000 square feet, currently divided among four tenants.
• Office Suites: The remainder of the building features two floors of finished office space, consisting of both occupied and vacant suites.
• Key Amenities: The site includes a high-visibility pylon sign and internal elevator access.
• Leasing Flexibility: Most current tenants are on month-to-month or short-term leases, providing a new owner with immediate operational flexibility.
•
Value-Add & Repositioning Potential
Originally constructed as a flex-warehouse facility, the building offers a unique opportunity for conversion. The rear portion of the property features durable tilt-wall construction, and while personal entry doors currently occupy the original bays, the structure is well-suited for the reinstallation of dock-high roll-up doors. This makes the property an ideal candidate for an owner-user or investor looking to reposition the asset for modern flex or industrial use.
Strategic Location & Visibility
This property is well-positioned with prominent frontage along Fredericksburg Road, a major San Antonio thoroughfare seeing approximately 24,000 vehicles per day. The site benefits from excellent transit accessibility, as it is directly serviced by the VIA Metropolitan Transit Primo line.
Current Configuration
The building is currently optimized for a mix of retail and professional office use:
• Retail Space: Approximately 3,000 square feet, currently divided among four tenants.
• Office Suites: The remainder of the building features two floors of finished office space, consisting of both occupied and vacant suites.
• Key Amenities: The site includes a high-visibility pylon sign and internal elevator access.
• Leasing Flexibility: Most current tenants are on month-to-month or short-term leases, providing a new owner with immediate operational flexibility.
•
Value-Add & Repositioning Potential
Originally constructed as a flex-warehouse facility, the building offers a unique opportunity for conversion. The rear portion of the property features durable tilt-wall construction, and while personal entry doors currently occupy the original bays, the structure is well-suited for the reinstallation of dock-high roll-up doors. This makes the property an ideal candidate for an owner-user or investor looking to reposition the asset for modern flex or industrial use.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
32,500 SF
Building Class
C
Year Built/Renovated
1970/2010
Price
$1,600,000
Price Per SF
$49.23
Cap Rate
8.37%
NOI
$133,920
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
8’
Building FAR
0.62
Lot Size
1.21 AC
Zoning
C-3 - C-3 districts are intended to provide for more intensive commercial use here are no building size limitations, and building height is limited to 35 ft
Parking
53 Spaces (1.63 Spaces per 1,000 SF Leased)
Frontage
149’ on Fredericksburg Rd
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Yajaira's Transformation Spa LLC
- Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
At YHCI our goal is committed to the quality of health care service . We focus on training exceptional nurses aide and facilitate post Nursing school NCLEX review , CPR ACLS & PALS Certification. Our goal is to provide quality nursing education to improve nursing service .
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Yajaira's Transformation Spa LLC | Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
|
Finance and Insurance | - | - | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 08406-000-0361 | Improvements Assessment | $248,390 |
| Land Assessment | $1,160,610 | Total Assessment | $1,409,000 |
Property Taxes
Parcel Number
08406-000-0361
Land Assessment
$1,160,610
Improvements Assessment
$248,390
Total Assessment
$1,409,000
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We Care Plaza | 3603 Fredericksburg Rd
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