Walzem Corner - San Antonio, TX FOR SALE


San Antonio, TX - South Southwest
$9,000,000 USD
512-277-5924
, San Antonio, TX for Sale
$9,000,000 USD
FOR SALE
1/9
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Walzem Corner - San Antonio, TX
San Antonio, TX
South Southwest


HIGHLIGHTS

  • 7 contiguous parcels held under single ownership since the 1950s at Walzem Road and Interstate 35, with frontage and access on both. =
  • I-35 carries 100,000+ VPD at this location, and Walzem Road contributes an additional 37,000 to 39,000 VPD.
  • $444,284 of annual in-place rent from 5 tenants across 4 uses carries the asset during entitlement, lease-up, or redevelopment planning.
  • Industrial Commercial Properties acquired the 1.2 million SF former Windsor Park Mall and Rackspace headquarters campus.
  • The former Windsor Park Mall and Rackspace headquarters campus on Walzem Road is being converted by Industrial Commercial Properties into Windcrest.
  • TxDOT is expanding ~20 miles of I-35 from N Walters Street to FM 1103 with 2 elevated structures carrying 2 general-purpose lanes and 1 HOV lane.

OVERVIEW

Sands Investment Group is pleased to present the Walzem Corner Portfolio, 7 contiguous parcels totaling 4.63 acres at the signalized hard corner of Walzem Road and Interstate 35 in San Antonio and Windcrest, TX. The offering includes 4 occupied buildings, a landlord-owned interstate billboard, a vacant former Discount Tire building, and an access and parking tract, all held under single ownership since the 1950s. In-place income of $444,284 comes from 5 tenants across 4 uses, anchored by EZ Pawn, operated by a subsidiary of EZCORP, Inc. (NASDAQ: EZPW), which has occupied this corner continuously since 1991. This is a rare opportunity to control an entire signalized corner with dual interstate and arterial frontage in a fully built-out infill node. In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481

ASK ABOUT THIS PROPERTY

Will SchuhmacherSands Investment Group Austin, LLCMore Info
512-277-5924

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Will SchuhmacherSands Investment Group Austin, LLCMore Info
512-277-5924

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