1102 Brussels ST, San Antonio, TX 78219 (MLS # 9394086)
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Gold Tier Real Estate is proud to present 1102 Brussels, a single tenant NNN deal nestled in the heart of San Antonio. FedEx has been the sole tenant since 1986, solidifying their commitment to this building. While the building mainly acts as a receiving and distribution space for the company, the front of the building is finished as a retail print and ship center for customers. The current cap rate is 5.50% with a bump in December 2024, bringing the return to 5.81%. Comparable properties suggest the in place rent is ~10.00% below market.
| LAST UPDATED | 4/1/2024 | TRACT | None |
|---|---|---|---|
| YEAR BUILT | 1986 | COMMUNITY | None |
| COUNTY | Bexar | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Out of Area |
| BUYER'S BROKERAGE COMPENSATION | 3.000 |
| CONSTRUCTION | Cement Siding, Concrete |
| HEAT | See Remarks |
| LOT | 2.66 acre(s) |
| PARKING | Concrete |
| SEWER | Public Sewer |
| SUBDIVISION | None |
| TAXES | 81639.01 |
| UTILITIES | Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Taylor Golden, Gold Tier Real Estate, LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 5/5/24 1:00 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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