Office

HFF-9051-One51 Centre Phase II

9810 State Highway 151, San Antonio, TX, 78251-4835, US

HFF-9051-One51 Centre Phase II_Property for Sale

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Asset description

Jones Lang LaSalle ("JLL") is pleased to offer investors the opportunity to purchase One51 Office Centre Phase II (the “Property”), a 102,545 square foot, Class A, recently constructed office building in San Antonio’s premier corporate corridor, Westover Hills. The Property is currently 93% leased to credit tenancy including Great Call, Inc. (a subsidiary of Best Buy), Adtalem Global Education (Fortune 1000), and Spectrum NLP, LLC (a subsidiary of Charter Communications) and offers immediate value creation through the lease up of the remaining vacancy (7,529 SF) and the re-tenanting of Spectrum’s space (9,991 SF). The offering presents investors the opportunity to acquire a strong, cash-flowing, Class A asset featuring credit tenancy with a value creation opportunity in San Antonio, Texas, one of the nation’s fastest growing markets.  

Attributes

Building area Net
1,103,785 sf
Occupancy
93.00%
Year built
2019
Land area Net
8.97 acres (390,733 sf)

Investment highlights

  • 93% Leased to Credit Tenancy
  • Class A Quality Construction
  • 60% Fortune 100 Tenancy
  • 16+ Corporate Users in 3 Mile Radius
  • 6.6 Years of WALT

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Last updated
Nov 30, 2022