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1102 Brussels ST
San Antonio, TX 78219
For Sale $6,123,300
Listed 43 days ago for $6,123,300- Status: Active
- Property Type: Industrial
- County: Bexar
- School District:
- Subdivision: None
- Built: 1986
- Lot Size: 2.66 acres
- Building SqFt: 37420
- $/Building SqFt: 163.64
- Heating: See Remarks
- Cooling: Central Air
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.
- Construction Materials
- Concrete, Cement Siding
- Building Features
- None
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Restrictions
- Zoning
- Listing ID
- 9394086
- Sub Agency Compensation
- 0.000%
- Buyer Agency Compensation
- 3%
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.