Neighborhood Retail Center with
For Sale
$8,821,000
5507 E Evans Rd, San Antonio, TX 78261
Newly constructed, fully occupied neighborhood retail center with end caps and drive-thru lanes on visible East Evans Road frontage.
Property Size15,725 SF
Lot Size3.25 Acres
Price / SF$560.95
Days on Market84
Property Features for 5507 E Evans Rd
General Information
Standard status
Active
Size
15,725 SF
Lot size
3.25 Acres
Property subtype
Shopping Strip
Occupancy
100%
Additional Details
Cap Rate
6.02%
Road Access
Yes
Amenities
NEW 2023 CLASS A CONSTRUCTION WITH DRIVE-THRU END CAPS
100% LEASED TO DAILY-NEEDS & INTERNET-RESISTANT TENANTS WITH PERSONAL GUARANTEES
HIGH-GROWTH, AFFLUENT SAN ANTONIO SUBMARKET
LIMITED RETAIL SUPPLY WITH STRONG DEMAND FUNDAMENTALS
Building Details
Building Size
15,725 SF
Year Built
2023
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5225
Listed By:
Philip Levy · License #License(s): TX: 0522087-SA
(972) 755-5225
Source:
Marcusmillichap
Added: Jun 1
Changed: Aug 22
Last Checked: Aug 22 at 3:35AM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
Green Plaza at Evans is a newly constructed neighborhood retail center featuring approximately 15,725 square feet across two multi-tenant retail buildings. The center sits on a 3.25-acre parcel with strong frontage and visibility along East Evans Road. Two end cap suites include drive-thru lanes, supporting higher convenience demand and improving overall tenant functionality. The property is currently 100 percent occupied by a diverse mix of service-oriented and daily-needs users, including medical, dental, fitness, restaurant, shipping, beauty, and convenience retail.
Positioned in the Far North San Antonio submarket within the Stone Oak corridor, the center benefits from a dense residential environment and continued retail growth. It is located along East Evans Road near the intersection of Wortham Oaks Boulevard, with nearby schools including Wortham Oaks Elementary School and Cibolo Creek Middle School helping define the local service radius.
For investors and operators seeking a stable, income-producing neighborhood retail asset, Green Plaza at Evans offers full occupancy and triple-net lease structures, with most leases including scheduled annual rent escalations. The drive-thru end caps and tenant mix help broaden appeal to daily-needs concepts, while the center’s visibility and frontage support long-term leasing and tenant retention.
Positioned in the Far North San Antonio submarket within the Stone Oak corridor, the center benefits from a dense residential environment and continued retail growth. It is located along East Evans Road near the intersection of Wortham Oaks Boulevard, with nearby schools including Wortham Oaks Elementary School and Cibolo Creek Middle School helping define the local service radius.
For investors and operators seeking a stable, income-producing neighborhood retail asset, Green Plaza at Evans offers full occupancy and triple-net lease structures, with most leases including scheduled annual rent escalations. The drive-thru end caps and tenant mix help broaden appeal to daily-needs concepts, while the center’s visibility and frontage support long-term leasing and tenant retention.
Key Highlights
- Newly constructed neighborhood retail center built in 2023 on a 3.25‑acre parcel
- Approximately 15,725 SF across two multi‑tenant retail buildings
- 100% occupied tenant mix includes medical, dental, fitness, restaurant, shipping, beauty, and convenience retail
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Explore this area
Business Placement
Demographics for 78261, TX
26,971
Population
9,541
Households
2.8
Avg Household Size
36
Median Age
55%
College-Educated
97%
High-School Grad
29.1 sq mi
ZIP Area
927
Density / Sq Mi
$140,120
Median Household Income
$62,451
Median Earnings
$1,873
Median Rent
$409,400
Median Home Value
Market
Vacancy Rate% for Retail in San Antonio, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Newly constructed, fully occupied neighborhood retail center with end caps and drive-thru lanes on visible East Evans Road frontage.
Where is this strip mall located?
The property is located at 5507 E Evans Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $8,821,000.
What are key features of this property?
This property features: Newly constructed neighborhood retail center built in 2023 on a 3.25‑acre parcel; Approximately 15,725 SF across two multi‑tenant retail buildings; 100% occupied tenant mix includes medical, dental, fitness, restaurant, shipping, beauty, and convenience retail
