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Office Campus w/ Robust Rental Income 3 Office Properties Online Auction Sale San Antonio, TX
Matterport 3D Tour
Investment Highlights
- Premier office park in the heart of Northwest San Antonio, currently fully occupied with a robust NOI from a diverse tenant roster.
- Prime location situated just off the Connally Loop, less than five minutes from Interstate 10 and just 6.9 miles from San Antonio Intl Airport.
- Less than 1 mile from South Texas Medical Center, attracting institutional healthcare tenants with opportunities for partnerships & referrals.
- Expertly maintained properties that have completed extensive renovations in 2017 and 2020, ensuring limited new owner investment.
- Walkable to quality amenities, including Gold’s Gym, Starbucks, Quiznos, and Taco Cabana, with numerous other national brands within a short drive.
- Exceptional leasing environment, with stable vacancies and consistent rent growth, ensuring stable long-term income for investors.
Executive Summary
This rare opportunity invites investors to claim a performing office park with dependable rental income and a robust NOI in the heart of Northwest San Antonio at 6322, 6326, and 6338 Sovereign Drive. Encompassing a total of 86,449 square feet across three buildings, this vibrant business park is currently fully occupied by a diverse array of healthcare, professional services, real estate, and beauty/aesthetics businesses, delivering stability with a strong roster of internet resistant tenants.
The properties were originally built in 1975 and completed extensive renovations in 2017 and 2020, currently boasting modernized office spaces with a terrific amenity package. The buildings are equipped with high-speed fiber internet service, an on-site micro-market, outdoor sitting areas with lush landscaping, and abundant parking across a walkable 4.17-acre lot. Employees also love the building’s access to nearby retail and dining amenities, with Gold’s Gym, Starbucks, Quiznos, and Taco Cabana reachable in walking distance, and national brands like Walmart Supercenter, Home Depot, Chili’s, Jollibee, Whataburger, and much more available in a short drive.
The Sovereign Drive Office Park benefits from its strategically placed location in Northwest Houston, situated just off the Connally Loop and less than 5 minutes from Interstate 10. This well-connected site allows fantastic regional connectivity to employees and clients across the greater market area. Longer distance travel is also made quick and easy thanks to proximity to San Antonio International Airport, just 6.9 miles away.
As San Antonio’s premier office destination, the Northwest Submarket draws constant leasing attention from both growing businesses and institutional brands. This stable submarket enjoys stable vacancies, sitting at 10.6%, with rents rising 1.2% over the past 12 months. Currently, the construction pipeline in the area sits well below historical averages, creating outsized competition for premium office spaces like those at the Sovereign Drive Office Park.
Northwest San Antonio also serves as the epicenter of the region’s healthcare system, with the South Texas Medical Center reachable in less than 1 mile from the subject property. This 900+ acre medical hub delivers added support for a wide range of healthcare-industry tenants with referral and partnership opportunities from major institutions including UT Health San Antonino, Methodist Hospital, and University Health.
Don’t miss this incredible opportunity to claim an income-producing office investment in one of South Texas’ most sought-after commercial hubs.
Property tours are by appointment only. Please contact the listing broker to schedule.
The properties were originally built in 1975 and completed extensive renovations in 2017 and 2020, currently boasting modernized office spaces with a terrific amenity package. The buildings are equipped with high-speed fiber internet service, an on-site micro-market, outdoor sitting areas with lush landscaping, and abundant parking across a walkable 4.17-acre lot. Employees also love the building’s access to nearby retail and dining amenities, with Gold’s Gym, Starbucks, Quiznos, and Taco Cabana reachable in walking distance, and national brands like Walmart Supercenter, Home Depot, Chili’s, Jollibee, Whataburger, and much more available in a short drive.
The Sovereign Drive Office Park benefits from its strategically placed location in Northwest Houston, situated just off the Connally Loop and less than 5 minutes from Interstate 10. This well-connected site allows fantastic regional connectivity to employees and clients across the greater market area. Longer distance travel is also made quick and easy thanks to proximity to San Antonio International Airport, just 6.9 miles away.
As San Antonio’s premier office destination, the Northwest Submarket draws constant leasing attention from both growing businesses and institutional brands. This stable submarket enjoys stable vacancies, sitting at 10.6%, with rents rising 1.2% over the past 12 months. Currently, the construction pipeline in the area sits well below historical averages, creating outsized competition for premium office spaces like those at the Sovereign Drive Office Park.
Northwest San Antonio also serves as the epicenter of the region’s healthcare system, with the South Texas Medical Center reachable in less than 1 mile from the subject property. This 900+ acre medical hub delivers added support for a wide range of healthcare-industry tenants with referral and partnership opportunities from major institutions including UT Health San Antonino, Methodist Hospital, and University Health.
Don’t miss this incredible opportunity to claim an income-producing office investment in one of South Texas’ most sought-after commercial hubs.
Property tours are by appointment only. Please contact the listing broker to schedule.
Matterport 3D Tour
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Matterport 3D Tour
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Street View
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Map
Data Room Click Here to Access
- Operating and Financial Statements
- Purchase Agreement
- Title and Insurance
Market Analytics Click Here to Access
Property Facts
| Sale Condition | Auction Sale | Number of Properties | 3 |
| Type of Ownership | Fee Simple | Total Building Size | 74,852 SF |
| Sale Type | Investment | Total Land Area | 12.23 AC |
| Status | Active |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Total Building Size | 74,852 SF |
| Total Land Area | 12.23 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built |
|---|---|---|---|
| 6323 Sovereign Dr, San Antonio, TX 78229 | Office | 25,268 SF | 1975 |
| 6326 Sovereign Dr, San Antonio, TX 78229 | Office | 25,184 SF | 1975 |
| 6322 Sovereign Dr, San Antonio, TX 78229 | Office | 24,400 SF | 1975 |
Sale Advisors
Sale Advisors
Cody Payne
Cody Payne is Senior Vice President at Colliers International in Fort Worth, Texas and specializes in selling Office and Industrial investment properties in the Dallas/Fort Worth market. Over the past 18 years, Cody and his team have closed more than 850 commercial real estate transactions. Combined with Colliers International Platform and Cody’s extensive knowledge and expertise of leasing, management, market conditions and business, The Payne Office & Industrial Team provides their clients and investors the opportunity to maximize value while creating a competitive advantage that yields the best results. Prior to joining Colliers International, Cody worked at Marcus & Millichap and Sperry Van Ness/Dunn Commercial for over 10 years, where he specialized in Office and Industrial investment sales, management and leasing. While there, Cody had a very successful and prominent leasing team of highly experienced and transactional agents. Through Cody’s leadership and direction, the team grew the company’s portfolio to actively leasing over 40 buildings. Cody has extensive experience in the Office and Industrial leasing sector having worked with many major companies from Local/Regional to Fortune 500 companies and GSA leases.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact
Keisha Hartshorn
Contact
Auctioneer License:
Ten-X Commercial, LLC Todd Siegel RE Brkr 9004662
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Office Campus w/ Robust Rental Income
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