Shopping Strip
Marymont Business Park
2411 NE Interstate 410 Loop, San Antonio, TX 78217
Listing Price: $4,611,000
Investment Overview
Marymont Business Park is an 86 percent leased, 31,503-square-foot, multi-tenant retail center located in a desirable area of northern San Antonio, Texas. Tenants are a complementary mix of internet-resistant and service-oriented businesses, including Wok This Way, Signarama, Texas Drug Screens, Accurate Automation and Controls, Graceland Psychiatric & Neuromodulation Center, Blue Ribbon Staffing, a church, and Dog Training Elite. Originally constructed in 1982, the building is situated on 2.06 acres with paved parking and a highly visible monument sign that provides additional exposure to the center.
Marymont Business Park is located on Northeast Interstate 410 Loop (Connally Loop) with traffic counts exceeding 216,300 vehicles per day. The subject property is surrounded by neighboring national and regional retailers including AutoZone Auto Parts, Arby's, Subway, Academy Sports and Outdoors, QuikTrip, The Home Depot, Olive Garden, Applebee's Grill + Bar, H-E-B, Lowe's Home Improvement, Walmart Supercenter, and many more. Iron Horse Valley Apartments are adjacent to the subject property, having 464 multi-family units, and is within walking distance.
Investment Highlights
- 31,503-Square-Foot, Multi-Tenant Flex Retail Center Located in Densely Populated and High Traffic Area of Northern San Antonio
- 86% Occupied | All Leases are Triple-Net | Value-Add Opportunity | Current Vacancy and Well-Bellow Average Market Rents Provide Significant Room for Revenue Growth
- Diverse Tenant Mix Including Service Providers, a Restaurant, Medical Services, Light Manufacturing, and More
- Priced at $146 Per Square Foot | Below Replacement Cost
- Freeway Location on Northeast Interstate 410 Loop (Connally Loop) | Extremely High Traffic Counts of Roughly 216,300 Vehicles per Day, Cumulatively
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Financing By
Listing Price: $4,611,000
Investment Highlights
- 31,503-Square-Foot, Multi-Tenant Flex Retail Center Located in Densely Populated and High Traffic Area of Northern San Antonio
- 86% Occupied | All Leases are Triple-Net | Value-Add Opportunity | Current Vacancy and Well-Bellow Average Market Rents Provide Significant Room for Revenue Growth
- Diverse Tenant Mix Including Service Providers, a Restaurant, Medical Services, Light Manufacturing, and More
- Priced at $146 Per Square Foot | Below Replacement Cost
- Freeway Location on Northeast Interstate 410 Loop (Connally Loop) | Extremely High Traffic Counts of Roughly 216,300 Vehicles per Day, Cumulatively
Investment Overview
Marymont Business Park is an 86 percent leased, 31,503-square-foot, multi-tenant retail center located in a desirable area of northern San Antonio, Texas. Tenants are a complementary mix of internet-resistant and service-oriented businesses, including Wok This Way, Signarama, Texas Drug Screens, Accurate Automation and Controls, Graceland Psychiatric & Neuromodulation Center, Blue Ribbon Staffing, a church, and Dog Training Elite. Originally constructed in 1982, the building is situated on 2.06 acres with paved parking and a highly visible monument sign that provides additional exposure to the center. Marymont Business Park is located on Northeast Interstate 410 Loop (Connally Loop) with traffic counts exceeding 216,300 vehicles per day. The subject property is surrounded by neighboring national and regional retailers including AutoZone Auto Parts, Arby's, Subway, Academy Sports and Outdoors, QuikTrip, The Home Depot, Olive Garden, Applebee's Grill + Bar, H-E-B, Lowe's Home Improvement, Walmart Supercenter, and many more. Iron Horse Valley Apartments are adjacent to the subject property, having 464 multi-family units, and is within walking distance.