Westport Industrial Park_Property for Sale
Westport Industrial Park_Property for Sale
438 South Callaghan Road, San Antonio, TX, 78237, US

Westport Industrial Park

Asset Description

Jones Lang LaSalle (“JLL”) is pleased to present the opportunity to acquire a fee simple interest in Westport Industrial Park (the “Property”), a two-building industrial park totaling 187,176 square feet in the rapidly growing metro of San Antonio, Texas. The Property is ideally located within the Northwest submarket, an area that has seen tremendous growth over the last decade given its proximity to one of San Antonio’s fastest growing zip codes. Westport Industrial Park is currently 40% leased to two tenants with 3.8 years of WALT. The remaining suites have flexible floorplans that can serve various tenant sizes, ranging from 18,720 square feet up to 65,602 square feet. This enables investors to pursue tenants with a variety of size demands, allowing them to quickly boost NOI. The Property presents investors with the opportunity to acquire a Class A value-add building park with excellent upside potential in one of America’s most robust MSAs.

...

Attributes

Building area net
187,176 sf
Occupancy
40%
Year built
2023
Land area gross
17.85 acres
WAULT
3.8 years
Clear height
24 ft

Media

Investment Highlights

VALUE ADD OPPORTUNITY

POTENTIAL TO INCREASE NOI BY 150% IN TWO YEARS

FLEXIBLE FLOORPLANS

SUITABLE FOR TENANTS RANGING FROM 18,720 SF UP TO 65,602 SF

SUPERIOR SUBMARKET

TOTAL VACANCY UNDER 7% REPRESENTS ONE OF THE LOWEST IN ENTIRE MSA

STRONG SMALL INDUSTRIAL BUILDING DEMAND

SUB 50,000 SF SUITES HAVE CONSISTENTLY SEEN THE LOWEST VACANCY RATES

CLASS A BUILDING PARK

WITH MODERN DESIGN - LIMITED TO NO CAPEX NEEDED

NATION-LEADING SAN ANTONIO GROWTH MSA

SAN ANTONIO’S POPULATION HAS GROWN 3X FASTER THAN THE REST OF THE U.S.

Westport Industrial Park 4_Property for Sale

Contact brokers

Westport Industrial Park (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
12 Mar 2025