Northpark Village
US - Lubbock, TX
€9,415,000 | 6,548 m²
Retail
Under Contract
Sears at Ingram Park Mall
6301 NW Loop 410, San Antonio, TX, 78238-3852, US
Gallery
Asset Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the Former Sears at Ingram Park Mall (the “Property”), a vacant building totally 169,865 SF located in San Antonio TX. The Property is well located on Loop 410, one of San Antonio’s heavily trafficked inner loop. The Property also presents the potential to develop two new pad sites subject to an REA in place. The area provides strong demographics in one the nation's fastest growing cities.
Attributes
Building area Net
15,781 m²
Year built
1978
Land area Net
0.05 km² (47,065 m²)
Investment Highlights
- Super-regional retail destination
- High visibility from Interstate 410, San Antonio’s heavily traveled inner loop
- Proximity to high quality residential area in a growing submarket
- Active disposable income - household income within one mile is projected to grow 3.21% in the next 5 years
- San Antonio cost of living 13.1% below average and enables residents to enjoy spending power
- Potential to increase value by developing new pad sites in existing parking area
Contact brokers
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Last updated
15 Mar 2023