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Little Playhouse Learning Center 543 10th St 4,152 SF Office Building Floresville, TX 78114 $999,500 ($240.73/SF) 8.64% Cap Rate
INVESTMENT HIGHLIGHTS
- Single tenant, net-lease asset
- Located in a rapidly growing community within the San Antonio MSA
- Standalone building in a robust retail submarket, surrounded by other dominant retailers such as Tractor Supply, Dollar Tree, Walmart, and HEB Grocery
- Personal Guaranty with 4.5 years remaining on lease and rent increase in year 2
- Heavily trafficked retail corridor with over 22,500 VPD
EXECUTIVE SUMMARY
CBRE’s South Texas Investment Properties Team has been exclusively retained to offer for sale a single-tenant, net leased Little Playhouse Learning Center in Floresville, Texas (the “Property”). With highway frontage on US-181, the most heavily trafficked thoroughfare in Floresville with over 22,500 VPD, the Property is located just 25 minutes from downtown San Antonio and surrounded by national retailer such as Tractor Supply, Dollar Tree, McDonalds, Dollar General, Walmart, and HEB Grocery.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
4,152 SF
Building Class
C
Year Built
1995
Price
$999,500
Price Per SF
$240.73
Cap Rate
8.64%
NOI
$86,360
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,152 SF
Slab To Slab
9’
Building FAR
0.08
Lot Size
1.27 AC
Zoning
Commercial - Medical office
Parking
22 Spaces (5.3 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bio-Tech/ Lab Space
- Security System
- Wheelchair Accessible
- Reception
- Partitioned Offices
- Drop Ceiling
- Monument Signage
- Air Conditioning
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 26459 | Improvements Assessment | $826,310 |
| Land Assessment | $446,450 | Total Assessment | $1,272,760 |
PROPERTY TAXES
Parcel Number
26459
Land Assessment
$446,450
Improvements Assessment
$826,310
Total Assessment
$1,272,760
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Little Playhouse Learning Center | 543 10th St
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