11600 Bandera Road, San Antonio, TX, 78250, US

San Antonio Crossing

Asset description

Jones Lang LaSalle ("JLL") is pleased to exclusively offer San Antonio Crossing (the "Property"), a 100% occupied, 145,819 SF shopping center with a robust, high-performing tenant roster including Academy, Conn’s, Half Price Books and HEB Plus! (Shadow Anchor). With direct access to N Loop 1604, the Property draws over 1 million annual visitors, benefiting from a heavily trafficked intersection with visibility to over 125,000 vehicles per day. The Property offers a stable in-place cash flow with over 5.8 years of WALT remaining and 94% of its income stream generated from national tenancy. In addition to a diversified tenant roster, San Antonio Crossing is a unique opportunity for investors to acquire a high-performing power center significantly below replacement cost with the investment flexibility and optionality due to separately parceled retail pads.

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Attributes

Building area Net

13,547 sm

Occupancy

100.00%

Year built

'99 / '04 / '22

Media

Investment highlights

Dominant Retail Intersection
- With over 1.7M SF of retail and visibility to 125,000+ vehicles per day
Grocery Integrated Center
- #3 trafficked Grocery Store in the country
Assumable Loan
- Provides investors the ability to assume accretive financing terms
Separately Parceled Pad Sites
- Provide ability to spin off pads and lower basis
High Performing Tenancy
- 94% of income from National Tenancy