San Antonio Crossing_Property for Sale
San Antonio Crossing_Property for Sale
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
San Antonio Crossing 4_Property for Sale

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Last updated
May 11, 2023