
The Shoppes at Gateway
3000 Gateway St, Springfield, OR, 97477-1033, US
64,780 m²
Jones Lang LaSalle ("JLL") is pleased to present the opportunity to acquire The Legacy Shopping Center (the "Property" or “The Legacy”), a 353,179 square foot value-add mixed-use lifestyle center located in Far North Central San Antonio. The Property is currently 89% occupied, providing investors with reliable and stable in-place cash flow from a robust national tenant roster (48% of the total building NRA). Strategically located in the Northeast corner at one of the best intersections in the city, US-281 and Loop 1604, the Property caters to a burgeoning consumer base with 2.8 million annual visitors and is surrounded by top-notch demographics, affluent neighborhoods, employment centers, entertainment destinations, and military hubs. The Legacy presents a rare opportunity to acquire a one-of-a-kind asset (first time this asset has ever been presented to the market) with value enhancement opportunities, yet stable in-place cash flow at an attractive basis.
Prime Location with Exceptional Proximity
Robust Demographics
Highly Affluent Consumer Base
Rare Value-Add Opportunity
Accretive Pad Spin Offs
Thriving San Antonio Market