$6,123,300
1102 Brussels Street, San Antonio, TX
2.66
Acres
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.
Facts & Features
| ListingFeed | abor |
|---|---|
| MLS® # | 9394086 |
| Price | $6,123,300 |
| Bathrooms | 0.00 |
| Acres | 2.66 |
| Year Built | 1986 |
| Type | Commercial |
| Sub-Type | Industrial |
| Status | Active |
Community Information
| Address | 1102 Brussels Street |
|---|---|
| Subdivision | None |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78219 |
Amenities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Parking | Concrete |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Concrete |
|---|---|
| Heating | See Remarks |
| Fireplace | No |
Exterior
| Construction | Cement Siding, Concrete |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
| Contact Details | (512) 674-5727 |