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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.

1603 BABCOCK RD San Antonio TX 78229-4708

[Locked] • APN 531217

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Details
Property Type Office, Retail
Sub Type Shopping Center
Building SqFt 65,928
Lot SqFt 974,600,020,164,608
Acreage ******
Number of Units 142
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code C-2
Year Built 1980
Building Count 1
Opportunity Zone No
Interest Rate ******
Mortgage Recording Date ******
Lender Name ******

Property History

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Property Type
Property Type
Office
Property Subtype
Executive Office
Marketing Description
Cushman & Wakefield’s Central Texas Capital Markets team has been retained as the exclusive marketing advisor for the disposition of Highpoint Executive Plaza, a 63,649 square foot, recently renovated garden office building located in Northwest San Antonio, in close proximity to the South Texas Medical Center. With an occupancy of 84%, the asset provides stable cash flows with an excellent value-add opportunity through lease up of existing vacancy and rolling in-place tenants to market rates.
Investment Highlights
  • Limited near-term capital requirements for new owners with $975,000 spent on upgrades under current ownership in 2017
  • Two-story, garden office building with surface parking and direct exterior access to tenant suites
  • Building amenities include recently renovated central courtyard, 24-hour card key access, digital building directory and covered balconies
  • Less than one mile from South Texas Medical Center providing a quality office alternative to tenants that need to be near the STMC but not on campus
  • Excellent opportunity to continue to utilize the draw of the STMC and numerous other economic generators to expand tenant base
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Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
CC
Carrie Caesar PRO
•••.•••.1757
••••••.••esar@••••••••.com
Brokerage logo
Listing removed on
 BY:
HM
Hunter Mills
•••.•••.2438
••••••.•ills@••••••••.com
Brokerage logo
Listing removed on
 BY:
TC
Travis Crow PRO
•••.•••.3837
••••••.crow@••••••••.com
Brokerage logo

Map

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