STONE OAK PARKWAY SAN ANTONIO, TX 78232 - Merit Commercial Real Estate

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STONE OAK PARKWAY SAN ANTONIO, TX 78232 - Merit Commercial Real Estate
19310
STONE OAK PARKWAY
S A N   A N T O N I O ,   T X   7 8 2 3 2
STONE OAK PARKWAY SAN ANTONIO, TX 78232 - Merit Commercial Real Estate
19310 Stone Oak Parkway | San Antonio, TX
                                                Affiliated Business Disclosure and Confidentiality Agreement

CONTACTS                                        Merit Commercial Real Estate operates within a global                 nature independently and not rely on the contents of this
                                                family of companies with many subsidiaries and/or related             Memorandum in any manner.
                                                entities (each an “Affiliate”) engaging in a broad range of           Neither the Owner or Merit, Inc, nor any of their respective
EXCLUSIVE MARKETING ADVISORS                    commercial real estate businesses including, but not limited          directors, officers, Affiliates or representatives make any
                                                to, brokerage services, property and facilities management,           representation or warranty, expressed or implied, as to the
Brian Young                                     valuation, investment fund management and development.                accuracy or completeness of this Memorandum or any of its
                                                At times different Affiliates may represent various clients with
Vice President                                                                                                        contents, and no legal commitment or obligation shall arise
                                                competing interests in the same transaction. Those, or other,         by reason of your receipt of this Memorandum or use of its
210 809 6000                                    Affiliates may express an interest in the property described          contents; and you are to rely solely on your investigations and
brian.young@merit-cre.com                       in this Memorandum (the “Property”) may submit an offer to            inspections of the Property in evaluating a possible purchase
                                                purchase the Property and may be the successful bidder for            of the real property.
                                                the Property. You hereby acknowledge that possibility and
Ty West                                         agree that neither Merit Commercial Real Estate nor any               The Owner expressly reserved the right, at its sole discretion,
Senior Vice President                           involved Affiliate will have any obligation to disclose to you        to reject any or all expressions of interest or offers to purchase
                                                the involvement of any Affiliate in the sale or purchase of the       the Property, and/or to terminate discussions with any entity
210 260 8412                                    Property. In all instances, however, Merit Commercial Real            at any time with or without notice which may arise as a result
ty.west@merit-cre.com                           Estate will act in the best interest of the client(s) it represents   of review of this Memorandum. The Owner shall have no
                                                in the transaction described in this Memorandum and will not          legal commitment or obligation to any entity reviewing this
                                                act in concert with or otherwise conduct its business in a way        Memorandum or making an offer to purchase the Property
                                                that benefits any Affiliate to the detriment of any other offeror     unless and until written agreement(s) for the purchase of the
                                                or prospective offeror, but rather will conduct its business in a     Property have been fully executed, delivered and approved
                                                manner consistent with the law and any fiduciary duties owed          by the Owner and any conditions to the Owner’s obligations
                                                to the client(s) it represents in the transaction described in this   therein have been satisfied or waived.
                                                Memorandum.                                                           By receipt of this Memorandum, you agree that this
                                                This is a confidential Memorandum intended solely for your            Memorandum and its contents are of a confident nature, that
                                                limited use and benefit in determining whether you desire to          you will hold and treat it in the strictest confidence and that you
                                                express further interest in the acquisition of the Property.          will not disclose this Memorandum or any of its contents to any
www.merit-cre.com                                                                                                     other entity without the prior written authorization of the Owner
                                                This Memorandum contains selected information pertaining to           or Merit Commercial Real Estate You also agree that you will
                                                the Property and does not purport to be a representation of           not use this Memorandum or any of its contents in any manner
                                                the state of affairs of the Property or the owner of the Property     detrimental to the interest of the Owner or Merit Commercial
                                                (the “Owner”), to be all-inclusive or to contain all or part of       Real Estate
                                                the information which prospective investors may require to
                                                evaluate a purchase of real property. Images contained within         If after reviewing this Memorandum, you have no further interest
                                                are computer generated renderings of the proposed property            in purchasing the Property, kindly return this Memorandum to
                                                improvements and do not constitute the final appearance of            Merit Commercial Real Estate
                                                the land, building, and other improvements currently under            © 2021 Merit Commercial Real Estate The information
                                                construction. All financial projections and information are           contained in this document has been obtained from sources
                                                provided for general reference purposes only and are based            believed reliable. While Merit Commercial Real Estate does
                                                on assumptions relating to the general economy, market                not doubt its accuracy, Merit Commercial Real Estate has not
                                                conditions, competition and other factors beyond the control          verified it and makes no guarantee, warranty or representation
                                                of the Owner and Merit Commercial Real Estate Therefore, all          about it. It is your responsibility to independently confirm
                                                projections, assumptions and other information provided and           its accuracy and completeness. Any projections, opinions,
                                                made herein are subject to material variation. All references         assumptions or estimates used are for example only and do
                                                to acreages, square footages, and other measurements are              not represent the current or future performance of the property.
                                                approximations. Additional information and an opportunity             The value of this transaction to you depends on tax and other
                                                to inspect the Property will be made available to interested          factors which should be evaluated by your tax, financial and
                                                and qualified prospective purchasers. In this Memorandum,             legal advisors. You and your advisors should conduct a careful,
                                                certain documents, including leases and other materials, are          independent investigation of the property to determine to your
                                                described in summary form. These summaries do not purport             satisfaction the suitability of the property for your needs.
                                                to be complete nor necessarily accurate descriptions of the
                                                full agreements referenced. Interested parties are expected to
                                                review all such summaries and other documents of whatever

2   19310 STONE OAK PARKWAY | SAN ANTONIO, TX
STONE OAK PARKWAY SAN ANTONIO, TX 78232 - Merit Commercial Real Estate
19310
       STONE OAK PARKWAY
EXECUTIVE SUMMARY.. ....................................................................... 5

PROPERTY DESCRIPTION.. ................................................................ 11

LOCATION OVERVIEW.. ...................................................................... 27

PROCESS AND OFFER INSTRUCTIONS.............................................. 37

               19310 STONE OAK PARKWAY | SAN ANTONIO, TX 3
STONE OAK PARKWAY SAN ANTONIO, TX 78232 - Merit Commercial Real Estate
4   19310 STONE OAK PARKWAY | SAN ANTONIO, TX
STONE OAK PARKWAY SAN ANTONIO, TX 78232 - Merit Commercial Real Estate
EXECUTIVE SUMMARY

19310 STONE OAK PARKWAY | SAN ANTONIO, TX 5
STONE OAK PARKWAY SAN ANTONIO, TX 78232 - Merit Commercial Real Estate
19310 STONE OAK PARKWAY

                                   OFFERING PRICE:   $1,636,375 ($265.00 SF)
                                   OFFERING SIZE:    6,175 SF OFFICE SPACE
                                   YEAR BUILT:                         1997
                                   OCCUPANCY:                      VACANT

6   19310 STONE OAK PARKWAY | SAN ANTONIO, TX
STONE OAK PARKWAY SAN ANTONIO, TX 78232 - Merit Commercial Real Estate
THE BUILDING                                                                                      INVESTMENT HIGHLIGHTS
19310 Stone Oak Parkway is conveniently located in the heart of Stone Oak on the Northeast       •   6,175 Square Foot Office Building
corner of Stone Oak Parkway and Knights Cross Dr. The building is made of high-quality
                                                                                                 •   3,087 Square Foot Floor plates (2 Stories)
materials featuring a stone exterior, metal roof and Class A+ interior finishes. The site is
encompassed by high end residential neighborhoods and numerous retail and restaurant             •   Four Leasable Suites
establishments located only minutes from Loop 1604 and Hwy 281. This location provides           •   Available March 1
convenient, easy access to all parts of the city making this a great opportunity for an owner
                                                                                                 •   Market Lease Rate of $20-$22/SF/YR + NNNs
user or investor seeking a quality asset in a highly sought-after location.
                                                                                                 •   Parking Ratio: 2.4/1,000 SF (15 Spaces)

                                                                                                 •   Class A+ Finishes

                                                                                                19310 STONE OAK PARKWAY | SAN ANTONIO, TX 7
STONE OAK PARKWAY SAN ANTONIO, TX 78232 - Merit Commercial Real Estate
New Braunfels

                                                                                            Cibolo
                                                                                  Schertz

                                                              19310
                                                              STONE OAK PARKWAY

                                                San Antonio

    Castroville

8   19310 STONE OAK PARKWAY | SAN ANTONIO, TX
STONE OAK PARKWAY SAN ANTONIO, TX 78232 - Merit Commercial Real Estate
PROPERTY DESCRIPTION

19310 STONE OAK PARKWAY | SAN ANTONIO, TX 9
STONE OAK PARKWAY SAN ANTONIO, TX 78232 - Merit Commercial Real Estate
PROPERTY INFORMATION

     Property Type        Office

     Building Size        6,175 SF

     Building Class       A

     Year Built           1997

     Zoning               C2-ERZD

     Parking              15 Spaces, 2.4 / 1,000 SF

     Tenancy              Multiple

     Building Height      2 Stories

     Typical Floor Size   3,087 SF

     Slab to Slab         12'6"

     Building FAR         0.34

     Land Acres           0.42 Acres

10      19310 STONE OAK PARKWAY | SAN ANTONIO, TX
SITE PLAN

                               EXTERIOR VIRTUAL TOUR

            19310 STONE OAK PARKWAY | SAN ANTONIO, TX 11
FLOORPLANS
1ST FLOOR

                                                 MENS               WOMENS

                                                 INTERIOR VIRTUAL TOUR

12   19310 STONE OAK PARKWAY | SAN ANTONIO, TX
FLOORPLANS
2ND FLOOR

              MENS              WOMENS

             INTERIOR VIRTUAL TOUR

                                     19310 STONE OAK PARKWAY | SAN ANTONIO, TX 13
14   19310 STONE OAK PARKWAY | SAN ANTONIO, TX
LOCATION OVERVIEW

19310 STONE OAK PARKWAY | SAN ANTONIO, TX 15
A

                                                                                                D
                                                                                      E VA N S R O
                                                                            IVE                                      281
                                                                       DR

                                                                   S
                                                                  S
                                                                  O
                                                              R
                                                              C
                                                             TS
                                                          H
                                                        IG
                                                        K

                                                        N
                              Medical
                              Offices

                                                                  19310
                                                                  STONE OAK PARKWAY

                                                                                                               281

                                          North Central
                                         Baptist Hospital

                                          Medical Offices

                                         Medical Offices
                                 S TO N E
                                   O A K PA
                                            R K WAY

                                                      1604

                                                                                                         281

16   19310 STONE OAK PARKWAY | SAN ANTONIO, TX
LOCATION INFORMATION

1604   5 Minutes from Loop 1604

                                                                                                                              19310
                                                                                                                              STONE OAK PARKWAY

281    7 Minutes from US HWY 281

       4 Miles from North Central Baptist Hospital

                                                                                    STO NE O AK PA
       15 Minutes to San Antonio International Airport
                                                         KN IGH TS CR OS S DR IVE

       24 Minutes to Downtown

                                                                                                   RK WAY
                                                                                                                   Pan &
                                                                                                                   Coffee
       Dozens of Nearby Restaurants & Shopping

       In the heart of Stone Oak

       Near Multiple Medical Offices                                                                        Medical Offices

                                                                          19310 STONE OAK PARKWAY | SAN ANTONIO, TX 17
EXCLUSIVE MARKETING ADVISORS
Brian Young
Vice President
210 809 6000
brian.young@merit-cre.com

Ty West
Senior Vice President
210 260 8412
ty.west@merit-cre.com

www.merit-cre.com
Approved by the Texas Real Estate Commission for Voluntary Use
Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

INFORMATION ABOUT BROKERAGE SERVICES
Before working with a real estate broker, you should know that the                                should not tell a buyer’s agent anything the owner would not want the
duties of a broker depend on whom the broker represents. If you are a                             buyer to know because a buyer’s agent must disclose to the buyer any                                            in writing not to disclose unless authorized in writing to disclose the
prospective seller or landlord (owner)or a prospective buyer or tenant                            material information known to the agent.                                                                        information or required to do so by The Texas Real Estate License Act
(buyer), you should know that the broker who lists the property for sale                                                                                                                                          or a court order or if the information materially relates to the condition
or lease is theowner’s agent. A broker who acts as a subagent represents                          IF THE BROKER ACTS AS AN INTERMEDIARY:                                                                          of the property. With the parties’ consent, a broker acting as an
the owner in cooperation with the listing broker. A broker who acts as a                          A broker may act as an intermediary between the parties if the broker                                           intermediary between the parties may appoint a person who is licensed
buyer’s agent represents the buyer. A broker may act as an intermediary                           complies with The Texas Real Estate License Act. The broker must                                                under The Texas Real Estate License Act and associated with the broker
between the parties if the parties consent in writing. A broker can assist                        obtain the written consent of each party to the transaction to act as an                                        to communicate with and carry out instructions of one party and another
you in locating a property, preparing a contract or lease, or obtaining                           intermediary. The written consent must state who will pay the broker                                            person who is licensed under that Act and associated with the broker to
financing without representing you. A broker is obligated by law to treat                         and, in conspicuous bold or underlined print, set forth the br ker’s                                            communicate with and carry out instructions of the other party.
you honestly.                                                                                     obligations as an intermediary. The broker is required to treat each party
                                                                                                  honestly and fairly and to comply with The Texas Real Estate License                                            If you choose to have a broker represent you, you should enter into a
IF THE BROKER REPRESENTS THE OWNER:                                                               Act.                                                                                                            written agreement with the broker that clearly establishes the broker’s
The broker becomes the owner’s agent by entering into an agreement                                                                                                                                                obligations and your obligations.The agreement should state how and
with the owner, usually through a written - listing agreement, or by                              A broker who acts as an intermediary in a transaction:                                                          by whom the broker will be paid. You have the right to choose the type
agreeing to act as a subagent by accepting an offer of subagency from                                       (1) shall treat all parties honestly;                                                                 of representation, if any, you wish to receive. Your payment of a fee to a
the listing broker. A subagent may work in a different real estate office.                                                                                                                                        broker does not necessarily establish that the broker represents you. If
                                                                                                            (2) may not disclose that the owner will accept
A listing broker or subagent can assist the buyer but does not represent                                                                                                                                          you have any questions regarding the duties and responsibilities of the
the buyer and must place the interests of the owner first. The buyer                                        a price less than the asking price unless                                                             broker, you should resolve those questions before proceeding.
should not tell the owner’s agent anything the buyer would not want the                                     authorized in writing to do so by the owner;
owner to know because an owner’s agent must disclose to the owner
                                                                                                            (3) may not disclose that the buyer will pay a price
any material information known to the agent.
                                                                                                            greater than the price submitted in a written offer unless
IF THE BROKER REPRESENTS THE BUYER:                                                                         authorized in writing to do so by the buyer; and
The broker becomes the buyer’s agent by entering into an agreement
                                                                                                            (4) may not disclose any confidential information or any
to represent the buyer, usually through a written buyer representation
agreement. A buyer’s agent can assist the owner but does not represent                                      information that a party specifically instructs the broker
the owner and must place the interests of the buyer first. The owner

Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.

 Merit CRE                                                                                        230160                                                               sara@merit-cre.com                                                                   210.541.2005
 BROKER FIRM NAME                                                                             LICENSE NO.                                                                          EMAIL                                                                             PHONE

 BUYER, SELLER, LANDLORD TENANT                                                                                                                                                                                                                                      DATE

                                       Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaing regarding a real estate licensee, you should contact TREC at P.O. Box
                                                                                                                12188, Austin, Texas 78711-IABS 1-0 11.02.2015 2188 or 512-465-3960
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