Office Complex For Sale in San Antonio

12915 Jones Maltsberger Road San Antonio, TX 78216

12915 Jones Maltsberger Road, San Antonio, TX, 78216
12915 Jones Maltsberger Road, San Antonio, TX, 78216
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$2,970,000
Last Verified:
Feb 21, 2020

Highlights

  • Value Add Property
  • Centrally located near major highways
  • Near San Antonio Airport, Retail and Entertainment
  • Value Add Investment Opportunity
  • 84% Occupied with established Tenants (Modified Gross Leases)
  • Traffic Count at Jones Maltsberger and Cross Canyon (15,251 Costar 2018)
  • Parking Ratio 3.19/1000

Description

Well established, centrally located office complex in the heart of San Antonio, Texas. Property consists of 5 stand alone office buildings with a mix of one and two stories totaling 33,324 square feet. Site improvements include asphalt paved parking, signage and great landscaping.

The property is centrally located providing direct access to the central business district of San Antonio to the South, as well as approximate access to all portions of the metropolitan freeway system. The San Antonio International Airport is located approximately on and one-half mile to the South. Property is well position near McAllister Park and Blossom Athletic Center.


Year Built: 1986
Building Size: 33703.0sq ft
Building Class: B
Lot Size: 3.07 acres

Map of 12915 Jones Maltsberger Road, San Antonio, TX, 78216

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.