Transwestern, as exclusive advisor, is pleased to present the opportunity to acquire a strong cash-flow asset with a compelling mark-to-market, value-add story. The in-place average rental rate is $20.69 plus electric per square foot, compared to the competitive set of $25.05 plus electric per square foot. Expense reimbursement revenue is currently ±70% lower than the competitive set. 21232 Gathering Oak is well located in the Stone Oak area; San Antonio’s largest master planned community. The immediate location has limited available commercial sites and benefits from strong barriers to entry.
- Property Type : Office
- Property Size : 15,000