5501 Blanco RdSan Antonio, TX 78216

This exceptional San Antonio retail investment opportunity presents a 9,661 square foot shopping center situated on a prominent 0.95-acre corner lot at 5501 Blanco Rd, zip code 78216, in Bexar County, Texas. The property, comprised of two single-story buildings, boasts 100% occupancy with eleven tenants under short-term gross leases, presenting a significant value-add opportunity to convert to NNN leases. Built in 1965 and extensively renovated in 2019 (exterior) and 2021 (parking lot), the property features a new TPO roof installed in 2020. The property is zoned CSS - Commercial Store Site and offers excellent visibility and traffic exposure at the hard corner of Blanco and Jackson Keller Roads. The asking price is $2,100,000, representing a compelling $217.37 per square foot and a 7.43% capitalization rate based on a Net Operating Income (NOI) of $156,000. Note that the adjacent building is not included in this sale. A cross-access agreement will need to be negotiated with the seller to ensure access for both parties. This property offers a strong cash flow with potential for significant upside through lease restructuring and future rent bumps.