Marymont Business Park | 2411 NE Loop 410
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Marymont Business Park 2411 NE Loop 410
31,503 SF 87% Leased Light Industrial Building San Antonio, TX 78217 £3,711,365 (£118/SF) 7% Net Initial Yield
Investment Highlights
- 31,503-Square-Foot, Multi-Tenant Flex Retail Center Located in Densely Populated and High Traffic Area of Northern San Antonio
- Value-Add Opportunity | Current Vacancy and Well-Bellow Average Market Rents Provide Significant Room for Revenue Growth
- Priced at $146 Per Square Foot | Below Replacement Cost
- 86% Occupied | All Leases are Triple-Net
- Landlord Reports Recent Property Improvements within the Last Two Years
Executive Summary
Marymont Business Park is an 86 percent leased, 31,503-square-foot, multi-tenant retail center located in a desirable area of northern San Antonio, Texas. Tenants are a complementary mix of internet-resistant and service-oriented businesses, including Wok This Way, Signarama, Texas Drug Screens, Accurate Automation and Controls, Graceland Psychiatric & Neuromodulation Center, Blue Ribbon Staffing, a church, and Dog Training Elite. Originally constructed in 1982, the building is situated on 2.06 acres with paved parking and a highly-visible monument sign that provides additional exposure to the center.
Marymont Business Park is located on Northeast Interstate 410 Loop (Connally Loop) with traffic counts exceeding 216,300 vehicles per day. The subject property is surrounded by neighboring national and regional retailers including AutoZone Auto Parts, Arby's, Subway,
Academy Sports and Outdoors, QuikTrip, The Home Depot, Olive Garden, Applebee's Grill + Bar, H-E-B, Lowe's Home Improvement, Walmart Supercenter, and many more. Iron Horse Valley Apartments are adjacent to the subject property, having 464 multi-family
units, and is within walking distance.
The surrounding area boasts strong demographics, serving a dense residential population of 265,548 residents within a five-mile radius and an average household income of $83,626. The property is approximately five miles west of San Antonio International Airport, which
serves more than 8.5 million passengers annually.
Marymont Business Park is located on Northeast Interstate 410 Loop (Connally Loop) with traffic counts exceeding 216,300 vehicles per day. The subject property is surrounded by neighboring national and regional retailers including AutoZone Auto Parts, Arby's, Subway,
Academy Sports and Outdoors, QuikTrip, The Home Depot, Olive Garden, Applebee's Grill + Bar, H-E-B, Lowe's Home Improvement, Walmart Supercenter, and many more. Iron Horse Valley Apartments are adjacent to the subject property, having 464 multi-family
units, and is within walking distance.
The surrounding area boasts strong demographics, serving a dense residential population of 265,548 residents within a five-mile radius and an average household income of $83,626. The property is approximately five miles west of San Antonio International Airport, which
serves more than 8.5 million passengers annually.
Property Facts
| Price | £3,711,365 | Rentable Building Area | 31,503 SF |
| Price Per SF | £118 | Number of Floors | 1 |
| Sale Type | Investment NNN | Year Built | 1982 |
| Net Initial Yield | 7% | Parking Ratio | 4.76/1,000 SF |
| Property Type | Light Industrial | Clear Ceiling Height | 8 ft |
| Property Subtype | R&D | Level Access Doors | 10 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 2.06 AC |
| Price | £3,711,365 |
| Price Per SF | £118 |
| Sale Type | Investment NNN |
| Net Initial Yield | 7% |
| Property Type | Light Industrial |
| Property Subtype | R&D |
| Building Class | C |
| Lot Size | 2.06 AC |
| Rentable Building Area | 31,503 SF |
| Number of Floors | 1 |
| Year Built | 1982 |
| Parking Ratio | 4.76/1,000 SF |
| Clear Ceiling Height | 8 ft |
| Level Access Doors | 10 |
| Opportunity Zone |
Yes |
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Marymont Business Park offers flex space with grade level loading, conveniently located on the access road between Starcrest and Perrin Beitel Rd. This intersection has great visibility along Loop 410 and near Interstate-35. Pylon signage opportunities are available.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 132 | 3,560 SF | Light Industrial | Full Build-Out | Now |
1st Fl - 132
| Size |
| 3,560 SF |
| Space Use |
| Light Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
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1st Fl - 132
| Size | 3,560 SF |
| Space Use | Light Industrial |
| Condition | Full Build-Out |
| Available | Now |
Marymont Business Park offers flex space with grade level loading, conveniently located on the access road between Starcrest and Perrin Beitel Rd. This intersection has great visibility along Loop 410 and near Interstate-35. Pylon signage opportunities are available.
PROPERTY TAXES
| Parcel Number | 13868-000-0080 | Improvements Assessment | £1,482,003 |
| Land Assessment | £811,945 | Total Assessment | £2,293,947 |
PROPERTY TAXES
Parcel Number
13868-000-0080
Land Assessment
£811,945
Improvements Assessment
£1,482,003
Total Assessment
£2,293,947
zoning
| Zoning Code | C-3 |
| C-3 |
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Marymont Business Park | 2411 NE Loop 410
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