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Savings Square 6703 Bandera Rd

36,811 SF 100% Leased Retail Building San Antonio, TX 78238 £4,060,693 (£110/SF) 7.75% Net Initial Yield

Investment Highlights

  • ATTRACTIVE, WELL-MAINTAINED RETAIL CENTER WITH EXCELLENT VISIBILITY AND ACCESS TO BANDERA ROAD, A MAJOR NORTH-SOUTH CORRIDOR
  • SEVEN OF THE SIXTEEN TENANTS ARE LONG TERM TENANTS
  • TRAFFIC COUNT OF APPROXIMATELY 53,406 VPD ON BANDERA ROAD
  • 100% OCCUPANCY
  • REPLACEABLE RENTS
  • 123,510 RESIDENTS WITHIN 3 MILES AND 359,099 RESIDENTS WITHIN 5 MILES OF THE PROPERTY

Executive Summary

PROPERTY CONSISTS OF A 36,811 SF SIXTEEN-TENANT SHOP SPACE RETAIL CENTER
LOCATED IN THE DYNAMIC, FAST-GROWING NORTHWEST QUADRANT OF SAN ANTONIO, IN A VERY STRONG RETAIL AND DEMOGRAPHIC AREA
TEXAS HAS NO STATE INCOME TAX

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
36,811 SF
Building Class
B
Year Built
1983
Price
£4,060,693
Price Per SF
£110
Net Initial Yield
7.75%
NOI
£314,785
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.29
Lot Size
2.94 AC
Zoning
B-3 - B-3 zoning is a commercial district that allows for a variety of uses, including retail, service, office, and recreation.
Parking
147 Spaces (3.99 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Signalised Intersection

Nearby Major Retailers

Planet Fitness
Buddy's Home Furnishings
Starbucks
Velvet Taco
IHOP

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04430-001-0050
Land Assessment
£699,714 (2023)
Improvements Assessment
£2,511,816 (2023)
Total Assessment
£3,211,530 (2023)
  • Listing ID: 34196933

  • Date on Market: 13/12/2024

  • Last Updated:

  • Address: 6703 Bandera Rd, San Antonio, TX 78238

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