Overview
Cushman & Wakefield’s Central Texas Capital Markets team is pleased to present Farinon III, an 86,020 square foot Class A office building situated on 5.64 acres within Farinon Business Park, a master planned office campus in the heart of San Antonio’s Northwest corridor. Delivered in 2023, the asset is one of the few new construction office offerings of its size available in the market today.
Farinon III is a true blank slate. The building is ready for an owner user to build to their exact specifications or an investor to execute a multi-tenant lease-up on a modern, institutional quality product. Structured covered parking beneath the building, a 4.68 per 1,000 parking ratio, and direct access to I-10 via Farinon Drive create a rare combination of quality, convenience, and flexibility that is not replicated elsewhere in the submarket.
Investment Highlights
Institutional Quality Class A Asset
- Delivered in 2023 with no deferred maintenance and minimal near-term capital requirements
- Two story configuration with efficient floor plates ideal for corporate users or multi-tenant demising
- Structured covered parking beneath the building, a rare feature in the submarket
- Best in class parking ratio supporting dense corporate, professional services, or back-office users
- First floor delivered in warm shell with ceiling grid, LED lighting, and HVAC distribution in place, with the second floor offered in base building shell
Blank Slate Flexibility With Limited Competing Supply
- Vacant and unencumbered, allowing a buyer to execute on their exact vision
- Ideal footprint for a regional corporate headquarters, single user campus, or multi tenant investment
- Essentially no new construction office product delivered in the San Antonio market in recent cycles
- Second floor shell condition allows a user to deliver bespoke MEP, ceiling, and lighting systems matched to their operational requirements
- Northwest submarket inventory skews older and lower quality, creating a clear quality premium for Farinon III
Property Description
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