8425 Bandera RdSan Antonio, TX 78250

For Sale
Call for price

High-traffic, 99% occupied retail center

Overview

Added:
Dec 11, 2024
Days on market:
93
This 194,501-square-foot shopping center in San Antonio, Texas, boasts a 99% occupancy rate and a diverse tenant mix of 37 businesses, including Crunch Fitness, Big Lots, and Dollar Tree. Strategically located at a hard corner with high traffic counts exceeding 56,150 vehicles daily, the property benefits from its shadow-anchored position near H-E-B and Walmart. The 18.3-acre site includes four buildings and offers a pad site for future development. 78% of the gross leasable area is under triple-net leases, and current rents are below market, presenting significant upside potential. The property's strong demographics, with an average household income exceeding $83,508 within a five-mile radius, further enhance its investment appeal. A long-term ground lease with Taco Cabana (33+ years) adds stability. The center's location provides easy access from multiple ingress and egress points. Large pylon signage ensures high visibility. This stabilized investment opportunity offers a compelling combination of strong occupancy, below-market rents, and a prime location in a high-growth area. The mix of retail, medical, and government tenants provides diversification and stability. The property's size and location make it an attractive investment for long-term growth and income generation. The significant population density within a five-mile radius (338,730 residents) ensures a robust customer base. The property's 36 units are spread across four buildings.

Highlights

  • 194,501-square-foot multi-tenant shopping center in San Antonio, TX, situated in a high-traffic retail corridor.
  • 99% occupied, with 78% of the gross leasable area under NNN leases; significant upside potential.
  • Anchored by Crunch Fitness, Big Lots, and Dollar Tree; these anchors are top performers based on consumer traffic data.
  • Includes a ground lease with Taco Cabana, a long-term tenant (33+ years).
  • Diverse tenant mix, including retail, medical, and government tenants.
  • Below-market average rents.

Property Details for 8425 Bandera Rd

Property type
Lifestyle centers, Power centers
Square Feet
194,501 SF
Buildings
4
Lot Size (sq. ft)
797,148 SF
Units
36

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.52002589922
Longitude
-98.641286805064
8425 Bandera Rd, San Antonio, Texas

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8425 Bandera Rd
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