12311 Nacogdoches RdSan Antonio, TX 78217

For Sale
$7,485,000

San Antonio, TX Shopping Center - High NOI

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 19,833 square foot shopping center in San Antonio, Texas, presents a compelling investment opportunity. Shadow-anchored by a high-performing Walmart Supercenter and situated across from an H-E-B, this multi-tenant property boasts 100% occupancy and a strong NOI of $523,927, yielding a 7.00% cap rate. The seven tenants include a mix of national brands and local businesses, with NNN leases offering staggered lease turnover for long-term stability. A recent five-year lease renewal with Great Clips demonstrates the property's appeal to tenants. The property features a drive-thru end cap occupied by Dunkin' Donuts, which recently completed over $1 million in renovations. The center benefits from excellent demographics, with a population of 101,273 and 39,425 households within a three-mile radius. Built in 1983 and situated on a 1.8-acre lot, this property is priced at $7,485,000 ($383.20/sq ft). An attractive 4.44% assumable loan is available. A complete painting renovation is planned in the near future. The property's strong tenant mix, including nationally recognized brands with multiple locations, ensures long-term stability and consistent income. This is a rare opportunity to acquire a well-positioned, high-performing retail center in a thriving San Antonio market.

Highlights

  • Assumable loan at a 4.44% interest rate.
  • Brand new 5-year lease with Scisciano Italia at $27.10/SF; prior tenant paid $25/SF.
  • Recent 5-year lease renewal with Great Clips increasing rent from $26 to $29.04/SF.
  • Shadow-anchored by a high-performing Walmart Supercenter and across from an H-E-B, with other national retailers nearby.
  • Drive-thru end cap occupied by Dunkin' Donuts, recently renovated with a $1M+ investment.
  • NNN leases with staggered lease expirations.

Property Details for 12311 Nacogdoches Rd

Property type
Lifestyle centers, Power centers
Square Feet
19,833 SF
Year Built
1983
Lot Size (sq. ft)
78,408 SF

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.5530443
Longitude
-98.4054443
12311 Nacogdoches Rd, San Antonio, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
12311 Nacogdoches Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message