Tri County Business Park Buildings 3 & 4_Actifs en vente
Tri County Business Park Buildings 3 & 4_Actifs en vente
Tri County Parkway 6696, Schertz, TX, 78154, US

Tri County Business Park Buildings 3 & 4

Description de l'actif

Jones Lang LaSalle, Inc. (“JLL”) has been exclusively retained by Ownership to offer qualified investors the opportunity to acquire Tri County Business Park Buildings 3 & 4 (the “Property” or “Portfolio”), a two-building business park totaling 62,473 square feet of light industrial and flex distribution space in the rapidly growing metro of San Antonio, Texas. The Property delivered in 2014 and is currently 90% leased to a diverse, multi-tenant rent roll with 2.1 years of weighted average lease term remaining and limited capital expenditures required, while the San Antonio-New Braunfels industrial market continues to see substantial rental rate growth (11% YoY). Tri County Business Park 3 & 4 is located in one of San Antonio’s premier infill logistics pockets in the Tri County/Schertz area in northeast San Antonio along the prominent Interstate 35 corridor that spans from Mexico (Laredo port of entry) to San Antonio-Austin, DFW, and on to the northern US. The Portfolio presents potential investors with the opportunity to acquire flex-warehouse space in one of the most vital distribution corridors in the nation, with an attractive mark-to-market in one of the fastest growing regions in the country.


Caractéristiques de l'actif

Surface de l'actif Net
5 804 m²
90 %
Année de construction
21 années


Points clés d'investissement


Tri County 3 & 4 presents potential investors the opportunity to purchase the Property well below replacement cost, which would likely exceed $210 PSF today.

The Property is 90% leased today with 2.1 years of WALT, providing stable in-place cash flow, as well as significant upside with an 18% mark-to-market opportunity.

The age of the Property as well as the profile of its tenants limit the need for near term capital expenditures, with an average of $1 PSF per year in projected capital costs over the next 10 years


The Portfolio was delivered in 2014, limiting non-discretionary capital improvements, and features 20’ clear heights, 6 dock high loading doors, and a grade level door. Tri County 3 & 4 benefits from its diversified rent roll, with no tenant occupying more than 26% of the total area, and 28% of the rent roll leased through 2028.

In addition to diversity in the size of the leases, the Property benefits from the diversified industries of its tenants including building materials, telecommunications, and fitness.

Tri County Business Park Buildings 3 & 4 4_Actifs en vente
Tri County Business Park Buildings 3 & 4 4_Actifs en vente

Contacter l'équipe

Tri County Business Park Buildings 3 & 4 (0 actifs)
Vous avez des questions ? Consultez notre page FAQ
Voir la page FAQArrow Right
JLL peut vous accompagner dans le financement et la gestion de votre portefeuille. Contactez-nous pour découvrir comment nous pouvons vous aider.
Dernière mise à jour
11 mars 2024