This vacant 31,240-square-foot shopping center sits on 1.667 acres in San Antonio, Texas, within the highly trafficked Deco District. The Property benefits from exceptional visibility along Fredericksburg Road, which sees over 26,680 vehicles per day, and features a prominent pylon sign for added exposure. In addition, the Property is located within 20 minutes of 95% of the population inside Loop 410 and within 30 minutes of 95% of the population inside Loop 1604 (see drive time map on page 10).
The surrounding trade area is densely populated, with more than 71,500 residents within a two-mile radius. Plaza Del Rey represents a rare opportunity to acquire an infill shopping center at a price well below replacement cost, offering significant upside through re-tenanting, redevelopment, or an owner-user strategy.
Currently 100% vacant, the Property provides a blank canvas and tremendous flexibility for a new owner to execute their vision.