Entertainment-Anchored Retail
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11851 Bandera Road, San Antonio, TX 78023
Fee simple opportunity with theater-shadowed retail center built in 2004, plus option for adjacent pad site.
Property Size51,170 SF
Days on Market153
Property Features for 11851 Bandera Road
General Information
Standard status
Active
Size
51,170 SF
Total Parking Spaces
528
Property subtype
Retail
Zoning
C3
Occupancy
94%
Investment Type
Value Add
Site & Location
Neighborhood
Northwest
Building Details
Year Built
2004
Year Renovated
2024
Tenancy
Multi
Listing Agency:
Cushman & Wakefield - San Antonio, Texas
Listed By:
Carrie Caesar · License #TX 415476
(210) 275-4933
Source:
Crexi
Added: Jun 5
Changed: Oct 30
Last Checked: Nov 3 at 3:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - San Antonio, Texas
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Investment Insights
Based on property information with market context.
Silverado Station is a 51,170 SF retail center built in 2004, offered in fee simple with 94.2% leased occupancy. The property is described as a value-add opportunity, with a diversified tenant mix that includes built-in rent increases. The center is anchored by Santikos Silverado Theater and entertainment center, which was renovated in 2024.
The asset is positioned at the heavily trafficked intersection of N Loop 1604 and Bandera Road in San Antonio’s Far Northwest submarket. The theater is reported to draw more than 300,000 visitors a year, and more than 45% of the center’s tenants have been in place for 10 years or longer.
For buyers and operators seeking an established retail platform, Silverado Station offers a stable, theater-supported tenant base and the ability to pursue leasing improvements as tenants roll. The offering also includes the option to acquire an adjacent 2.85-acre pad site, providing flexibility for future development or replacement opportunities alongside the existing center.
The asset is positioned at the heavily trafficked intersection of N Loop 1604 and Bandera Road in San Antonio’s Far Northwest submarket. The theater is reported to draw more than 300,000 visitors a year, and more than 45% of the center’s tenants have been in place for 10 years or longer.
For buyers and operators seeking an established retail platform, Silverado Station offers a stable, theater-supported tenant base and the ability to pursue leasing improvements as tenants roll. The offering also includes the option to acquire an adjacent 2.85-acre pad site, providing flexibility for future development or replacement opportunities alongside the existing center.
Key Highlights
- Retail center built in 2004 with 51,170 SF of space
- Fee simple interest; 94.2% leased value add retail development
- Located at the heavily trafficked intersection of N Loop 1604 and Bandera Road
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,166
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 78023, TX
30,295
Population
10,050
Households
3
Avg Household Size
40
Median Age
56%
College-Educated
97%
High-School Grad
89.8 sq mi
ZIP Area
337
Density / Sq Mi
$129,701
Median Household Income
$60,568
Median Earnings
$1,570
Median Rent
$393,800
Median Home Value
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Market
Vacancy Rate% for Retail in San Antonio, TX
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Frequently Asked Questions
What type of property is this?
Shopping center - Fee simple opportunity with theater-shadowed retail center built in 2004, plus option for adjacent pad site.
Where is this shopping center located?
The property is located at 11851 Bandera Road San Antonio, TX.
What are key features of this property?
This property features: Retail center built in 2004 with 51,170 SF of space; Fee simple interest; 94.2% leased value add retail development; Located at the heavily trafficked intersection of N Loop 1604 and Bandera Road
