7523 NW Loop 410 Fwy
San Antonio, TX 78245

SRS Investment Properties Group, as exclusive broker, is pleased to issue a Call For Offers on Military Crossing - a 171,318 +/- square foot community center shadow-anchored by LA Fitness and anchored by Academy Sports, BioLife Plasma Services and Harbor Freight Tools, located in San Antonio, Texas. **Call for Offers due on Wednesday, September 12th, by 5:00 PM EST** Please Include in Offer *Price *Deposit *Due Diligence Time *Closing Date *Source of Funds/Buyer Resume A flagship location for Academy Sports, the store at Military Crossing occupies 100,673 +/- SF and boasts tenured success at the Property dating back to 2008. With a synergistic atmosphere created by Academy’s proximity to the adjacent LA Fitness and Walmart across the street, the store is part of an important retail node on the western side of San Antonio which draws customers from a very large consumer radius. The Property is bolstered by a highly advantageous national anchor base composed of Academy Sports, Harbor Freight Tools and new 18,045 +/- SF anchor: BioLife. Together, these anchors account for 77% of a tenant roster which is comprised of 92.9% national and regional tenants, overall. Military Crossing is also shadow-anchored by national health club, LA Fitness, which creates its own regional consumer pull, drawing members to the Property on a daily basis. Across W Military Drive from the Property, Walmart faces Military Crossing, acting as an additional shadow-anchor component while contributing to the significant retail node, which exists at the I-410 W Military Drive exit. In addition to the strip center component of the offering which was built in 2015 and includes six leases which commenced in 2015 and 2016, there has been additional noteworthy leasing momentum at the Property. This includes a new 18,045 +/- SF lease with BioLife, which adds to the significant service component at the Property already established by tenants like Concentra Health and Health Texas. Contributing to the Center’s national tenant line-up and consumer draw, there are two well-located national outparcels at the Property – Cheddar’s and Chase Bank. Controlled by the owners of Military Crossing, the outparcels are part of the offering and provide investors a valuable opportunity to spin out these pads and reduce equity in the Asset. LOCATION Situated in south-central Texas, just off Interstate 410 in San Antonio, Texas, Military Crossing is positioned within Bexar County – just 11 miles west of Downtown San Antonio. San Antonio is Texas’ second-largest city and the seventh-largest city in the nation. Situated 140 miles northwest of Corpus Christi on the Gulf of Mexico and 150 miles northeast of Laredo, along the Mexican border, San Antonio is home to 1,436,700 people. From 2000 to 2010, the city was the fastest-growing of the top 10 largest cities in the country. In addition to serving as the county seat for Bexar County, San Antonio is the principal city in the San Antonio-New Braunfels MSA – an area populated by over 2.4 million people. Nicknamed Military City, U.S.A., San Antonio is home to one of the largest concentrations of military bases in the United States. Active military installations in San Antonio include Lackland Air Force Base, Brooke Army Medical Center, Randolph Air Force Base, and Fort Sam Houston. In total, the defense industry in San Antonio employs over 89,000 and provides a $5.25 billion impact to the city’s economy. Part of a rapidly expanding market, the surrounding demographics for Military Crossing reflect a projected annual growth rate of 4.17% through 2023 within a 1-mile radius. This further augments an already dense regional population of over 2 million people within 25 miles and 328,531 people within just 5 miles. With regional consumer draws like Academy Sports included in the offering, and adjacent retailers like LA Fitness and Walmart drawing additional customers from many miles away, Military Crossing’s consumer radius encompasses a wide swathe of San Antonio’s population. Positioned fronting the Interstate 410 Loop which makes a full circle around the city of San Antonio, the Property accesses a phenomenal traffic count of 190,003 VPD directly in front of the Property 16,106 VPD along W Military Drive. Additionally, the exit for westbound traffic along I-410 is slated to be moved further to the east, facilitating increased visibility and ease of access for the Property.