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1901 Garner Field RdUvalde, TX 78801
1901 Garner Field Rd
Asset ClassOffice
Occupancy100%
Rentable SF: 8,832# Tenants: 2Cap Rate: 12.42%Access Data Room
100% Leased Opportunity
overview of deal

Overview

Transwestern is pleased to present the exclusive opportunity to acquire 1901 Garner Field

Rd, Uvalde, Texas (the "Property"), an 8,832 SF two-tenant office asset 100% leased to the State of Texas Office of the Attorney General and Endeavors.

 

The Property is anchored by the Office of the Attorney General, which occupies 54% of the building and has maintained a long-standing operational presence at the site since February 1995, representing roughly three decades of continuous occupancy. Complementing the tenancy is Endeavors, a 55-year-old faithbased nonprofit organization that provides counseling, support services and other assistance programs to communities across more than seven states.

 

The State lease is structured on a Full-Service Gross basis, with ownership covering operating expenses. The agency's three-decade tenure reflects deep operational entrenchment in a market it has served for a generation, and CPI-based annual increases provide built-in protection against inflation. The Endeavors lease is a triple net structure.

 

Given the agency's State of Texas credit and minimal default risk, this offering presents investors with a stable 54% income stream backed by the state. With a lease running through August 31, 2029 and two five-year renewal options remaining, the asset delivers reliable, government-backed cash flow with meaningful upside as the agency's high probability renewal rolls up. This combined with the Endeavors lease presents a 100% leased asset with consistent cash flow into the foreseeable future.

Investment Highlights

Located in Uvalde, the county seat of Uvalde County, 1901 Garner Field Rd benefits from a strategic position along the U.S. 90 corridor approximately 90 miles west of San Antonio, serving as a regional hub for Southwest Texas.

 

Built in 1995, the Property consists of an 8,832-square-foot, single-story facility situated on 1.23 acres with 50 parking spaces and is well suited for long-term government occupancy.

 

The Property has served as a mission-critical regional facility for the Office of the Attorney General for nearly 30 years, demonstrating the agency's longstanding commitment to the location.

 

A full-service gross lease extending through Aug. 31, 2029, with two five-year renewal options remaining, provides stable cash flow backed by State of Texas credit, annual CPI-based rent increases and long-term upside through potential lease renewals.

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1901 Garner Field RdUvalde, TX 78801

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