Entertainment-Anchored Retail
For Sale
Contact for pricing
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 Market62
Property Features for 11851 Bandera Road
General Information
Standard status
Active
Size
51,170 SF
Property subtype
Retail
Occupancy
94%
Building Details
Year Built
2004
Year Renovated
2024
Tenancy
Multi
Listing Agency:
Cushman & Wakefield - San Antonio, Texas
(210) 275-4933
Listed By:
Carrie Caesar · License #TX 415476
Source:
Crexi
Added: Jun 5
Changed: Jul 10
Last Checked: Aug 5 at 3:28PM
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
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
Property Profile
Current Use
Lease Details
94.2%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,155
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
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
