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Shopping Strip

Walmart Strip Center

1432 Austin Hwy, San Antonio, TX 78209

Listing Price: $6,510,000

Cap Rate
6.25%
Gross SF
26,595
Rentable SF
26,595
Price/Gross SF
$244.78
Lot Size
3.78 acres
Year Built
2004

Investment Overview

This Retail Center consists of a single-story 26,595 SF 14-Unit structure that was built in 2004 on a 3.78 AC lot with 144+ parking spaces and all leases are triple-net. Tenants include GameStop, H&R Block, Benjamin Moore, and more. The property is an outparcel to a Walmart Supercenter adjacent to a Lowe's within a retail space of major national tenants including Chick Fil A, Wendy’s, Raising Cane’s, Panda Express, McDonald’s, Subway, and more. The property is within 1 mile from Target, Ross, Gold’s Gym, HEB, and other big box retailers. The property benefits from its location on the main thoroughfare which sees an average of over 19,300 VPD at Harry Wurzbach Rd. The subject property is located approximately 3 miles from I-410 (200,000+ VPD) and within 5 miles of I-35 (183,000+ VPD).

Investment Highlights

  • Shadow-Anchored by Walmart Supercenter and Lowe's
  • Rental Increases on 90% of the leases in place
  • Upside in Several Below Market Leases w/ Short Term Expirations
  • 75% Leased | All Triple Net Leases
  • Affluent Community | $90,807 AHHI in 1-Mile Radius
  • High Population | Over 13,547 Residents in 1-Mile Radius
  • Tenant Mix of National, Regional, and Local Retailers
  • Ample Parking | Over 144 Spaces

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Shopping Strip

Walmart Strip Center

Listing Price: $6,510,000

Cap Rate
6.25%
Gross SF
26,595
Rentable SF
26,595
Price/Gross SF
$244.78
Lot Size
3.78 acres
Year Built
2004

Investment Highlights

  • Shadow-Anchored by Walmart Supercenter and Lowe's
  • Rental Increases on 90% of the leases in place
  • Upside in Several Below Market Leases w/ Short Term Expirations
  • 75% Leased | All Triple Net Leases
  • Affluent Community | $90,807 AHHI in 1-Mile Radius
  • High Population | Over 13,547 Residents in 1-Mile Radius
  • Tenant Mix of National, Regional, and Local Retailers
  • Ample Parking | Over 144 Spaces

Investment Overview

This Retail Center consists of a single-story 26,595 SF 14-Unit structure that was built in 2004 on a 3.78 AC lot with 144+ parking spaces and all leases are triple-net. Tenants include GameStop, H&R Block, Benjamin Moore, and more. The property is an outparcel to a Walmart Supercenter adjacent to a Lowe's within a retail space of major national tenants including Chick Fil A, Wendy’s, Raising Cane’s, Panda Express, McDonald’s, Subway, and more. The property is within 1 mile from Target, Ross, Gold’s Gym, HEB, and other big box retailers. The property benefits from its location on the main thoroughfare which sees an average of over 19,300 VPD at Harry Wurzbach Rd. The subject property is located approximately 3 miles from I-410 (200,000+ VPD) and within 5 miles of I-35 (183,000+ VPD).

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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