美国德克萨斯州圣安东尼奥房产的光谱大厦（Spectrum Building）面积约175,390平方英尺，是一座甲级地标性办公楼，位于德克萨斯州圣安东尼奥市（San Antonio）410号西北环路613号。此房产坐拥北部中央子市场（North Central Submarket）的醒目位置，既具备稳定的现金流，也享有无限的增值潜力，为投资者提供购置优质办公资产的绝佳时机。
美国德克萨斯州圣安东尼奥房产的该房产建于1984年，并经历了大规模翻修，总面积约2.42英亩，配备1栋办公楼和相连车库，附带多个斜坡出入口。光谱大厦于2013-2015年期间完成全面翻新，甲骨文公司（Oracle）选择将此大楼作为其在圣安东尼奥的总部，由此印证这实属一个杰出非凡的工作环境。业主已为该房产投入大量资本性支出（2,404,000美元），所以投资者可以将重心放在租赁现有的空房上，并将市场出租率下调低于市场汇率。
光谱大厦（Spectrum Building）将为投资者提供稳定的租赁需求和强劲的现金流。该房产目前有89.49%被全国性/当地租户租赁。房产共配备37个单元，总面积为175,390平方英尺，5个空置单元总面积为18,428平方英尺（总可出租面积的10.51%），可立即出租。目前，光谱大厦（Spectrum Building）的49%已由甲骨文公司（Oracle）确定租赁，甲骨文公司（Oracle）是一家投资级别的租户（Investment Grade Tenant），拥有AA信用评级，截至2021年11月，此公司共租赁约85,490平方英尺的单元空间/楼层。该房产的其他知名承租人包括：HDR建筑设计公司、TelePacific Communications通讯公司、商务旅行策划公司Corporate Travel Planners、Inspired eLearning电子线上学习、墨西哥司法部（Attorney General of Mexico）等。
The Spectrum Building is a ±175,390 SF, Class A, landmark office building located at 613 NW Loop 410 in San Antonio, TX. Located in a prominent within the North Central Submarket, this Property offers investors the opportunity to purchase a premium office asset with both stable cash flow and value add opportunities.
Built in 1984 and extensively renovated since, the Property contains 1 office building with a connected garage positioned on one parcels totaling ±2.42 AC with multiple curb cuts for ingress/egress. The Spectrum Building’s complete renovation in 2013-2015 has created an outstanding working environment, evidenced by Oracle’s commitment to the building serving as their San Antonio headquarters. The owners have made significant capital expenditures ($2,404,000) to the Property, allowing investors to focus on leasing existing vacancy while rolling under market rental rates to market rates.
The Spectrum Building offers investors stable tenancy with strong cash flows. The Property is currently 87.7% occupied by a mix of national/local tenants. There is a total of 37 units totaling ±175,390 SF with 5 vacant units totaling ±21,616 SF available for immediate lease-up (10.51% of GLA). The Spectrum Building is ±49% anchored by Oracle, an Investment Grade Tenant with AA- credit rating, who occupied multiple units/floors totaling ±85,490 SF through November 2021. Additional high-profile tenants at the Property include HDR, TelePacific Communications, Corporate Travel Planners, Inspired eLearning, and the Attorney General of Mexico to name a few. The diverse and financially stable rent roll with staggered expirations, provide investors with excellent certainty of in place cash flow. Additionally, the staggered lease expirations mitigate rollover risk allowing investors to capitalize on spiking North Central submarket rents while maintaining stability of cash flow.
San Antonio is a major city in south-central Texas with a rich colonial heritage. San Antonio is the center of the San Antonio–New Braunfels metropolitan statistical area. Commonly called Greater San Antonio, the metro area has a population of 2,473,974 based on the 2017 U.S. census estimate, making it the 24th largest metropolitan area in the US and third-largest in Texas. Growth along the Interstate 35 and Interstate 10 corridors to the north, west and east make it likely that the metropolitan area will continue to expand. The North Central Submarket is directly north of the CBD and is home to San Antonio International Airport (SAT). The North Central Submarket offers easy access to the airport and is close to several of San Antonio’s most sought-after residential neighborhoods, including Alamo Heights and Terrell Hills. Medical, financial, and government tenants predominate here with medical tenants drawn by the nearby South Texas Medical Center, while government tenants spill over from the numerous military installations based in the metro.
The Property is located on the Westbound side of Loop 410 on Lockhill-Selma Road, between San Pedro Avenue and Blanco Road. The Spectrum Building offers both tenants and users a central location within the North Central Submarket and allows occupants the ability to situate themselves within one of San Antonio’s most desirable business environments as it relates to both size and employer base. The location delivers premiere access to San Antonio’s corporate network, with numerous Fortune 500 companies having a major presence within the submarket. The proximity to the airport, premium executive housing, major thoroughfares, and access to the most desirable retail centers in the city will allow the ownership an assured and predictable cash flow with limited capital investment. The Property also offers abundant tenant amenities across Loop 410 at North Star Mall and Park North Center. Additionally, in 2018, the Property has approximately ±341,275 individuals residing within a five-mile radius of the property and an average HH income of ±$75,078. The area has shown significant growth between 2010-2018 with a ±12.67% increase in population and expected to continue to grow between 2018-2023 at an estimated ±8.31%. In 2018, the total specified consumer spending within a 5-mile radius of the Property accounts for ±$3,240,949,000 and there are ±22,095 businesses and ±235,090 employees.
The Spectrum Building offers investors an excellent opportunity to acquire a professional office building positioned within one of San Antonio’s most desirable submarkets with stable in-place cash flow and value add through continued lease up of the available space at long-term market rates. This property will be auctioned on Monday, October 22 - Wednesday, October 24 . The price displayed is the starting bid amount of $6,000,000. For information and to register to bid on this property, please visit Ten-X.com.
