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Shopping Neighborhood

Great Northwest Shopping Center

8751 Grissom Rd, San Antonio, TX 78251

Listing Price: $4,500,000

Cap Rate
7.96%
Rentable SF
68,651
Lot Size
5.25 acres
Year Built
1982

Investment Overview

Marcus & Millichap is pleased to present GREAT NORTHWEST RETAIL CENTER located in the northwest submarket of San Antonio, Texas. Great Northwest Retail Center consists of two buildings for a combined
gross leasable area of 68,651 square feet. The property was built in 1982 on a 5.25 acre lot that is situated along a major trade thoroughfare (Grissom/Culebra). Additional features include pylon signage, ample parking, ease of access, and recent capital improvements in the parking lot (reseal & lighting). Great Northwest Retail Center offers an investor strong future upside through upgrading existing improvements for stronger rental rates, higher occupancy and more favorable lease agreements. The property’s location has strong advantages being surrounded by dense residential neighborhoods, as well as fronting along Grissom/Culebra Raod (Hwy 495) which boasts just under 24,000 vehicles per day.

Investment Highlights

  • Value Add Opportunity
  • Below Market Rents
  • Short Term Leases
  • Located In A Dense Trade Area
  • Near Term Upside In Further Occupancy
  • 24,000 VPD (Grissom Road)

Exclusively Listed By

Shopping Neighborhood

Great Northwest Shopping Center

Listing Price: $4,500,000

Cap Rate
7.96%
Rentable SF
68,651
Lot Size
5.25 acres
Year Built
1982

Investment Highlights

  • Value Add Opportunity
  • Below Market Rents
  • Short Term Leases
  • Located In A Dense Trade Area
  • Near Term Upside In Further Occupancy
  • 24,000 VPD (Grissom Road)

Investment Overview

Marcus & Millichap is pleased to present GREAT NORTHWEST RETAIL CENTER located in the northwest submarket of San Antonio, Texas. Great Northwest Retail Center consists of two buildings for a combined gross leasable area of 68,651 square feet. The property was built in 1982 on a 5.25 acre lot that is situated along a major trade thoroughfare (Grissom/Culebra). Additional features include pylon signage, ample parking, ease of access, and recent capital improvements in the parking lot (reseal & lighting). Great Northwest Retail Center offers an investor strong future upside through upgrading existing improvements for stronger rental rates, higher occupancy and more favorable lease agreements. The property’s location has strong advantages being surrounded by dense residential neighborhoods, as well as fronting along Grissom/Culebra Raod (Hwy 495) which boasts just under 24,000 vehicles per day.

Exclusively Listed By

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