Shopping Strip
Shoppes on Grayson
1524 E Grayson St, San Antonio, TX 78208
Listing Price: $3,500,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a recently renovated, multi-tenant retail center that is well positioned near the Broadway Corridor and Historic Pearl district areas of San Antonio, Texas. Shoppes on Grayson is 100 percent occupied, and all leases are triple-net. Tenants are a complementary mix of internet-resistant and service-oriented local businesses including In Bloom Vintage Clothing, Folklores Coffee House, Sikesercise Gym, Cakes by Felicia, Slow Ride Bar, and Si Dios Quiere Bar. Originally constructed in 1950 and recently renovated in 2024, the building has great visibility on both Grayson Street and N. New Braunfels Avenue, at the southern entrance to Fort Sam Houston military base.
The subject property is located less than one mile north of the intersection of Interstate 35 The subject property is located less than 0.75 miles East of the intersection of Grayson Street and Broadway Avenue, which has seen some of the highest new investment in residential, retail and office properties in all of San Antonio. The historic Pear. District provides some of the best dining, entertainment and hotels in the city. This includes the award winning Hotel Emma, newly opened Stable Hall music venue and Pullman Market. Behind the subject property, the Residences at Grayson Heights is beginning to deliver new apartment units. This class A apartment will offer 281 new apartment homes.
Shoppes on Grayson
Investment Highlights
- 7,369-Square-Foot Multi-Tenant Retail Center | Prime Location in Government Hill Historic District, Less Than One Mile from The Broadway Corridor and The Pearl
- Poised to Benefit from Increased Foot Traffic from the Newly Constructed Residences at Grayson Heights, a Class 'A' Apartment Project, Adding 281 New Apartments
- Property was Recently Renovated with Over $250,000 of Improvements Reported by the Landlord, Including New Stucco, Repainted Exterior, New Awnings with Standing Seam Metal Roofs, New Landscaped Patios
- Starting in 2025, the Property will Benefit from a 100% Tax Abatement for the City Property Taxes | Current Ownership was Granted a Five-Year 100% City Tax Abatement and Five-Year 50% City Tax Abatement
Exclusively Listed By
Financing By
Listing Price: $3,500,000
Investment Highlights
- 7,369-Square-Foot Multi-Tenant Retail Center | Prime Location in Government Hill Historic District, Less Than One Mile from The Broadway Corridor and The Pearl
- Poised to Benefit from Increased Foot Traffic from the Newly Constructed Residences at Grayson Heights, a Class 'A' Apartment Project, Adding 281 New Apartments
- Property was Recently Renovated with Over $250,000 of Improvements Reported by the Landlord, Including New Stucco, Repainted Exterior, New Awnings with Standing Seam Metal Roofs, New Landscaped Patios
- Starting in 2025, the Property will Benefit from a 100% Tax Abatement for the City Property Taxes | Current Ownership was Granted a Five-Year 100% City Tax Abatement and Five-Year 50% City Tax Abatement
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a recently renovated, multi-tenant retail center that is well positioned near the Broadway Corridor and Historic Pearl district areas of San Antonio, Texas. Shoppes on Grayson is 100 percent occupied, and all leases are triple-net. Tenants are a complementary mix of internet-resistant and service-oriented local businesses including In Bloom Vintage Clothing, Folklores Coffee House, Sikesercise Gym, Cakes by Felicia, Slow Ride Bar, and Si Dios Quiere Bar. Originally constructed in 1950 and recently renovated in 2024, the building has great visibility on both Grayson Street and N. New Braunfels Avenue, at the southern entrance to Fort Sam Houston military base. The subject property is located less than one mile north of the intersection of Interstate 35 The subject property is located less than 0.75 miles East of the intersection of Grayson Street and Broadway Avenue, which has seen some of the highest new investment in residential, retail and office properties in all of San Antonio. The historic Pear. District provides some of the best dining, entertainment and hotels in the city. This includes the award winning Hotel Emma, newly opened Stable Hall music venue and Pullman Market. Behind the subject property, the Residences at Grayson Heights is beginning to deliver new apartment units. This class A apartment will offer 281 new apartment homes.
Exclusively Listed By
Financing By
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