Wye Drive

JLL (Jones Lang LaSalle Americas, Inc.) is pleased to present the opportunity to acquire a fee simple interest in Wye Drive (the “Property”), a 27,681 square foot industrial building in the rapidly growing metro of San Antonio, Texas. The Property is currently 100% leased to a diverse, multi-tenant rent roll with 1.9 years of weighted average lease term remaining and an existing average tenure of 4.8 years. The San Antonio industrial market continues to see substantial rental rate growth with year-over-year growth rates averaging 6.3% since 2019. Wye Drive is located in one of San Antonio’s premier infill logistics pockets in the Northeast area of San Antonio, minutes from the prominent Interstate 35 corridor that spans from Mexico (Laredo port of entry) to San Antonio, Austin, Dallas/Fort Worth, and on to the northern U.S. The Property 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.