8523 Blanco RdSan Antonio, TX 78213

Valley View Shopping Center, a prime 86,194-square-foot retail property in San Antonio, Texas, presents a compelling value-add investment opportunity. Located at the southwest corner of Blanco Road and West Avenue, this multi-tenant shopping center boasts a 100% occupancy rate and benefits from its high-traffic location, seeing over 41,000 vehicles daily. The center enjoys a strong anchor presence with Marshalls/HomeGoods (over 41 years of tenure) and Dollar Tree (23 years of tenure), complemented by a diverse mix of food and beverage, service, and medical tenants. This synergistic tenant roster, largely comprised of discount and off-price retailers, caters effectively to the needs of the affluent, established residential community. The property's strategic placement adjacent to a high-volume HEB grocery store further enhances its appeal, leveraging the significant consumer traffic generated by this anchor. The existing lease portfolio demonstrates exceptional stability, with tenants averaging 22 years of tenure and a weighted average lease term (WALT) of 4 years. Since 2017, the center has maintained an average occupancy rate of 96%. This investment offers an attractive basis with replaceable rents averaging $17.97 per square foot (PSF), and a compelling growth trajectory, evidenced by a 3.6% compound annual growth rate (CAGR) driven by rent increases and market adjustments. The property's established income stream, coupled with its significant upside potential, makes it an exceptional addition to any portfolio. The property is a triple net (NNN) lease structure. Located in Bexar County, Texas, with the address 8523 Blanco Rd, San Antonio, TX 78213.