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1st Floor - Unit E02
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Flex
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2,808 SF
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$745,000 USD
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Unit Size: 2,808 SF
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Condo Use: Flex
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Price: $745,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $265.31 USD
Description
Tenant Occupied Investment Opportunity. Commercial warehouse condo space is fully customizable. The 2808 square foot unit, zoned light industrial, is 30 feet wide by 70 feet deep for 2100 square feet of ground space plus a 708 square foot steel mezzanine. 3 year lease through Aug 2028. Tenant is a local paint business, Boerne Paint. 5.6% CAP rate.
Sale Notes
Tenant Occupied Investment Opportunity. 5.6% CAP. Complete flexibility allows use for self-employed contractors/business owners, industrial office space, storage, shipping, and inventory space. Or use for personal car collections, RV/boat storage, man cave, or social gatherings. Drive-thru unit with front 8-foot overhead door and rear 14 x 14 overhead door. Features include HVAC and ducting, insulated masonry construction, metal roof, LED lights, and a private restroom with shower. Located just west of Boerne near Cordillera Ranch on SH 46 with quick access to Fair Oaks Ranch, San Antonio, and surrounding areas. Multiple windows allow for an abundance of natural light. The mezzanine floor is adorned with LVP wood flooring while the ground floor is polished concrete.
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