Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 2,691-square-foot, multi-tenant retail center that is well positioned on the high-trafficked Culebra Road in San Antonio, Texas. Constructed in 1950, the center is situated on just under .10 acres and includes three separate tenant suites with true absolute net leases. The subject property is located on Culebra Road, just 4 miles outside of Downtown San Antonio. Culebra Road sees anywhere between 20,000 to 35,000 vehicles per day. The center is surrounded by multiple neighborhoods and has a population size of 165,323 within 3 miles and 358,390 within 5 miles. The average household income within 3 miles is $56,044 and $62,511 within 5 miles Not only is the property surrounded by residential areas but there is also a strong mix of national and local retailers such as H-E-B, Popeyes, Domino's, EZ Pawn, Dutch Bros, CVS, and many others. There are multiple residential and commercial developments currently under construction or planned around the area. Culebra Crossing is a $47 million, 326-unit, Class A multifamily rental housing project that is breaking ground just a few miles west on Culebra Road San Antonio is one of the fastest-growing areas in the state and serves as a major gateway between Mexico and the United States thanks to its positioning on Interstate 35. The population of the metro is expected to grow 5.9 percent from 2023 to 2028, adding more than 153,000 residents. San Antonio is home to the Alamo, famous River Walk, and the San Antonio Spurs, a professional basketball team in the National Basketball Association.