972-755-5225
7723 Guilbeau Rd, San Antonio, TX for Sale
Retail - FOR SALE
1/18
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7723 Guilbeau Rd
San Antonio, TX 78250
Braun Station


HIGHLIGHTS

  • 194,501-Square-Foot, Multi-Tenant Community Center Strategically Located in a High-Traffic Retail Corridor
  • Value-Add Opportunity with Significant Upside Potential
  • 85% Occupied | 65% of the Gross Leasable Area has NNN Leases
  • Anchored by Crunch Fitness and Dollar Tree | Both Crunch Fitness and Dollar Tree are Top Performing Locations Based on Consumer Traffic (Placer.ai)
  • Complementary Mix of Retail, Medical, and Government Tenants
  • Situated on Four Land Parcels Totaling 18.3 Acres

OVERVIEW

Bandera Festival Shopping Center is a value-add, 194,501-square-foot, multi-tenant community shopping center located in San Antonio, Texas. Anchored by Crunch Fitness and Dollar Tree, the center features a strong mix of retail, medical, and government businesses with staggered lease expiration dates, and the majority include scheduled rent increases. The subject property is 85 percent occupied, and 65 percent of the gross leasable area has triple-net leases, providing significant upside potential. The shopping center is comprised of two multi-tenant buildings and one single-tenant building that is on a ground lease with Taco Cabana, situated on a large 18.3-acre parcel with ample paved parking. The property also features a double-sided monument sign providing additional exposure to the center. Bandera Festival Shopping Center is strategically located at the signalized intersection of Bandera Road and Guilbeau Road. The property is easily accessible from multiple ingress and egress points from both streets, with cumulative traffic counts of approximately 56,150 vehicles per day. The property is shadow-anchored by H-E-B and catty corner from Walmart Supercenter. Numerous national and regional retailers are in close proximity, including Buffalo Wild Wings, McDonald's, Advance Auto Parts, KFC, Wendy's Popeyes Louisiana Kitchen, KFC, Valvoline Instant Oil Change, Chase Bank, Goodwill, O'Reilly Auto Parts, T-Mobile, Fantastic Sam's, Chipotle Mexican Grill, Burger King, and many more. Bandera Festival Shopping Center is approximately eight miles from several of the city's major traffic drivers, including The University of Texas at San Antonio campus, Valero corporate office, and USAA headquarters. The surrounding area benefits from excellent demographics, serving a population of more than 338,730 within a five-mile radius. The average household income is $90,352 within one mile; $89,269 within three miles; and $83,508 within five miles.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bandera Festival Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

704

LAND DETAILS

LAND ACRES

18.3 AC

LAND SF

797,148 SF

ZONING

C-3R

APN/PARCEL ID

17929-001-0040

ASK ABOUT THIS PROPERTY

Philip LevyMarcus & MillichapMore Info
972-755-5225

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Philip LevyMarcus & MillichapMore Info
972-755-5225

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.