Friday, September 25, 2015

For Sale- Office Building in San Antonio


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For Sale- The Atrium

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Longbow Real Estate Group presents a 131,490 SF Class B, San Antonio Office building with below market rents for an opportunity to increase rents with minimal capital expenses. Click here for Map Link.

Purchase Price: $16,500,000

Net Operating Income: $1,397,506

Capitalization Rate: 8.46%

Co-Broker Fee: .75%

Gross Leasable Area: 131,490 SF

Lot Size: 6.62 Acres

Occupancy: 94%

Address: 85 NE Loop 410, San Antonio, TX

Parking Ratio: 3/1000

Located in North Central, the hottest submarket in San Antonio.  Nearly 20% below market rents.  Approximately 25% of the tenant mix is national tenants. 

Assumable Loan-  The current periodic payment for the assumable loan is $70,992.20.  If closing occurs in December, the new balance would be approximately 70% of asking price, or 70% LTV.  The amortization schedule is in the document vault which can be accessed through a link in the flyer.  The assumable debt expires November 2018.  Estimated defeasance costs are over 2M.  The buyer would need to assume the loan.

We received a recent letter of interest from a CMBS lender which suggests the periodic payment for new debt would be approximately $7847/mo lower than existing debt.  The economics of debt have played a part in pricing this asset.

Property could be purchased with 10010 San Pedro- click here for the flyer.


Go to www.longbowre.com for more information about the company and current listings.

Click here if you would like to be added to our mailing list

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Nick Nelson, CCIM

512.906.6757

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Jim Young, CCIM

512.565.7509

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Wednesday, September 23, 2015

FW: [] Have: Retail/Restaurant space on the Drag in Austin!

Lease availability on the Drag, by UT. See below.

 

Jim Young, CCIM, Broker

Longbow Real Estate Group

West Point '94

11701 Bee Caves Road, Ste 250

Austin, TX 78738

jim@longbowRE.com  @jimyoungCRE

512-565-7509

 

-View My Buyer Criteria Here-

 

From: On Behalf Of Tami Greenberg
Sent: Monday, September 21, 2015 7:05 PM
To:
Subject: [] Have: Retail/Restaurant space on the Drag in Austin!

 

Retail/Restaurant Brokers,

 

Approx 2000 SF is available for sublease

 

2000 Guadalupe

End cap

Current use is office, but used to be restaurant space

Grease trap is covered, but still there

Up to 4 parking spots in back

Sublease with 81 months left on the lease

 

Tenant will pay out 2% to cooperating brokers

 

Flier under construction, but call me for more details

 

Tenant needs to cover the base rent plus NNN of approx $975 month and wants to recoup $25K in remodeling costs and $25K in moving costs. Options of how to structure that can be discussed.

 

If you have tenant that needs to be on the Drag - call me asap.

 

Tami

 

 

 

 

 

 

 

 

 

 


Tami Greenberg
Commercial Real Estate Broker

Longbow Real Estate Group
11701 Bee Caves Road

Suite 250

Austin, TX 78738

email: Tami@longbowre.com
web: www.longbowre.com 
work: 512-476-5551
mobile: 512-773-3705

Available Office Properties 
www.linkedin.com/in/tamigreenberg  

 

NOTHING IN THIS EMAIL SHALL BE CONSTRUED AS BINDING THE PRINCIPALS, THE BROKER, THE SENDER OR ANYONE ELSE IN THE EXCHANGE OF EMAILS TO ANY TRANSACTION.


The information included in this email has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy. 

This communication does not reflect the intention by the sender's client or principal to conduct a transaction or make any agreement by electronic means. Nothing contained in this message or in any attachment shall satisfy the requirements for a writing, and nothing contained herein shall constitute a contract or electronic signature under the Electronic Signatures in Global and National Commerce Act, any version of the Uniform Transactions Act or any other statute governing electronic transactions .

This e-mail and any files transmitted with it are the property of Tami Greenberg and/or its affiliates, are confidential, and are intended solely for the use of the individual or entity to whom this e-mail is addressed. If you are not one of the named recipients or otherwise have reason to believe that you have received this message in error, please notify the sender and delete this message immediately from your computer. Any other use, retention, dissemination,

Tuesday, September 22, 2015

For Sale- 2 Acre Condo Site- Downtown Austin Views-Site Plan Approved

·         For Sale- 2 acre+ condo site will be sold with approved Site Plan.

o   East Riverside/Oltorf area

·         3% Buyer Agent Fee

·         Info below.

 

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72 Unit Condo Site: Downtown Austin Views

Click here to View the Flyer

 

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Sales Price: $2.5M ($28.17/sf) 

  •   2.037 Acre Site
  •   Zoning MF-2 & GR-MU-CO 
  •   Site delivered with approved site plan for 72 units
  •   Minutes from Downtown, Airport, I-35 & East Riverside 
  •   New P-Terry's Burger Restaurant Going in Nearby 
  •   Buyer Agent Fee = 3%
  •   Aerial Photos and Drone Video Available 

 

Go to www.longbowre.com for more information about the company and current listings.

Click here if you would like to be added to our mailing list

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Jim Young, CCIM

512.565.7509

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Longbow Real Estate Group | 11701 Bee Caves Road, Suite 250, Austin, Tx 78738 

 

 


http://platformgroup-re.us/open.php?M=350659&L=2&N=83&F=H&image=.jpg

 

Friday, September 18, 2015

Just Listed- 2440 Wickersham- Condo Site- Views of Downtown

2440 Wickersham, Austin TX: (Map Link Here)

Just Listed- Flyers Coming Soon-

·         2.037 Acre Condo Site With Views of Downtown Austin

o   88,731 sf

·         Sales Price: $2,500,000.00 (or $28/sf)

·         Notes:

o   Located At Intersection of Oltorf & Wickersham

o   This site is near a new P-Terry’s Being Built Just East of Site on Oltorf

o   Commanding Views of Downtown Austin, and City Skyline:

o   Drone video at: -DRONE LINK-

·         Site Plan Approval for 72 Units:

o   This site will be sold with an approved Site Plan from City of Austin for 72 units.

·         Agents-

o   3% to Buyer Agent

More info to follow/flyers---

 

 

Jim Young, CCIM, Broker

Longbow Real Estate Group

West Point ‘94

11701 Bee Caves Road, Ste 250

Austin, TX 78738

jim@longbowRE.com  @jimyoungCRE

512-565-7509

 

-View My Buyer Criteria Here-

 

Thursday, September 10, 2015

Spaces for Lease in Buda, Tx

Spaces for Lease in Buda SportsPlex







Now available for Lease: 5,154 SF of build-to-suit shell space and 3,522 SF finished out Medical Office Space, complete with exam rooms and reception area.

This site has frontage on busy FM 967 and is close proximity to the YMCA and Dahlstrom Middle School.  Construction is almost complete on a CVS across the street.

This leakage report shows Buda has $247 Million in Retail Sales Leakage annually in all sectors except General Merchandise, Recreational Vehicles, and Sporting Goods categories.​  ​

 

Click here to view the flyer, which includes floorplan and photos.

Please visit www.longbowre.com for more information about the company and upcoming opportunities.


 




Hampton Friedman

504.259.7377

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Wednesday, September 9, 2015

9/16/15- Central Texas CCIM Chapter Networking Social


Come on out, and network your CRE deals!

 

You're Invited! CCIM Central Texas Networking Social

View this email in your browser

 

Copyright © 2015 CCIM Central Texas, All rights reserved.
You are receiving this email because you are a member or user of CCIM Central Texas.

Our mailing address is:

CCIM Central Texas

P O Box 203625

Austin, TX 78720-3625






 

Tuesday, September 8, 2015

Land for Sale in South Austin

Land for Sale at Stassney & S. Congress

 

.52 Acres for Sale near South Congress with 400 feet of frontage on Stassney Road.  This site is surrounded by several apartment complexes, and traffic count is over 20,000 cars per day.  The propery is zoned CS-MU-CO-NP.


View the flyer here for more information.


Please visit www.longbowre.com for more information about the company and upcoming opportunities.


Click here if you would like to be added to our mailing list







Nick Nelson, CCIM

512.906.6757  

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CCIM Central TX- September Luncheon (You Dont Have to Be a CCIM to Attend)

 

Folks,

                Here is the info on Central Texas Chapter's CCIM Luncheon for September. Come, network and grow.

(you don't have to be a CCIM to attend luncheons—come on out! )

 

 

Speaker: Randy Williams, MAI, SR/WA, FRICS, Integra Realty Resources-Austin

Topic: Commercial Real Estate Trends & Investment Criteria (Mid Year 2015)
 

Randy Williams is the Senior Managing Director for Integra Realty Resources, Austin, Texas. Actively engaged in real estate valuation and consulting since 1977. Background includes appraisal and management in the real estate banking industry and appraisal, testimony, and appraisal review in private practice. Recent experience is concentrated in major urban/suburban development and eminent domain. Valuations have been performed on various properties including, but not limited to, neighborhood and community shopping centers, apartment complexes, single and multi-tenanted industrial buildings, low to high rise office buildings, mixed used facilities, vacant land for different uses and condemnation and right-of-way. Eminent domain experience includes design build projects such as SH 130 and SH 45, power line projects for the City of Austin, and pipeline projects ranging from sewer and waterlines to oil and gas pipelines. Mr. Williams recently completed a pipeline valve study and evaluation for a multiple county acquisition of valve sites in an existing petroleum line easement. Recently, Mr. Williams provided appraisal oversight and litigation support for a multiple county high pressure gas line in South Texas.

Mr. Williams was the lead appraiser for large Central Texas highway projects and coordinated four Integra offices (including Austin) that worked on this project. Clients served include accountants, investment firms, law firms, lenders, private and public agencies. Valuations have been performed for condemnation purposes, estates, financing, equity participation and due diligence support. Valuations and market studies have been completed on proposed, partially completed, renovated, and existing structures.


  
 
  
 


WHEN
September 29, 2015
11:30am - 1:00pm

WHERE

Westwood Country Club
3808 West 35th Street
Austin, Texas 78703

COST
$35 for Members
$45 for Guests/Non-Members


Please Register by 2:00 pm September 28th  

 

 

Brought to you by

Visit our website for more information about our Chapter:

www.CCIMTexas.com

 

Copyright © 2015 CCIM Central Texas, All rights reserved.
You are receiving this email because you are a member or user of CCIM Central Texas.

Our mailing address is:

CCIM Central Texas

P O Box 203625

Austin, TX 78720-3625





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Jim Young, CCIM, Broker

Longbow Real Estate Group

West Point '94

11701 Bee Caves Road, Ste 250

Austin, TX 78738

jim@longbowRE.com  @jimyoungCRE

512-565-7509

 

-View My Buyer Criteria Here-

Thursday, September 3, 2015

Car Lot for Sale in Austin

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Lot for Sale in Oak Hill 
Price Reduced to $517,500



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This site i
s located at the busy intersection of Hwy 71 and Hwy 290.  The traffic count is over 88,000 cars per day.  Click here to download the flyer.  Sale price is $517,500 or $575,000 with 1 year owner lease back of $4,752/month.

Please let us know if you would be interested to discuss in greater detail.


Please visit www.longbowre.com for more information about the company and upcoming opportunities.

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Greg Ganske
Greg@LongbowRE.com
512.769.3230

Click here if you would like to subscribe to our mailing list.


 

Longbow Real Estate Group | 11701 Bee Caves Rd, Suite 250, Austin,TX 78738 

Wednesday, September 2, 2015

Finished Out Urgent Care Center for Lease in Buda





Fully finished out Urgent Care Center for Lease in the Buda Sports Center II Shopping Center.

Rent is $24/SF/YR + NNN

Space is 3522 SF and includes:

6 Exam rooms
2 Offices
Break room
X-ray room
Reception and waiting area
Nurse's station Procedure room