7704 South Loop 1604 East

Marcus and Millichap is pleased to present the exclusive listing for 7704 S Loop 1604 E, in Elmendorf, TX. This is a 10,000 SF, single tenant building with medical quality finishes throughout the first floor. The property is less than 6 miles away from 1-37 and 2.5 miles from S US HWY 181. The property also features 400 linear feet of Loop 1604 frontage.  

The building was built in 1993 and was home to therapeutic clinic prior to being vacated. There is approximately 8,000 SF on the 1st Floor and 2,000 SF on the 2nd Floor of the building. The Property is situated on 7 aces allowing for expansion potential, and/or a storage yard. The Property also touches Schultz Rd providing for a secondary point of ingress/egress. The Property is ideal for either an investor or owner/user in this rapidly expanding area. The Property is exceptionally flexible in that it can accommodate anything from medical use (given the prior tenant and finish out) to construction related uses given the size of the lot.

Owner is in the process of repairing/replacing the HVAC system and electrical supply as warranted to ensure functional use at close of escrow. The metal roof is in good condition as well as the exterior brick of the building. Given the construction quality and medical finish out, the Property is being offered at a substantial discount to replacement cost. The Property is also in a qualified opportunity zone potentially providing an added economic benefit for acquiring this Asset.