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Health Club-Anchored Retail Building
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5803 Babcock Road, San Antonio, TX 78240

Partially occupied by LA Fitness with adjacent vacant space and NNN reimbursements in place until leasing occurs.

Property Size60,977 SF
Lot Size5.14 Acres
Days on Market122

Property Features for 5803 Babcock Road

General Information

Standard status Active
Size 60,977 SF
Lot size 5.14 Acres
Property subtype Retail

Additional Details

Traffic Count 77,000 vehicles/day
Listing Agency: Lincoln Property Company - HQ
Listed By: Don Miller · License #TX 476641
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 5:23AM

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 Lincoln Property Company - HQ

Investment Insights

Based on property information with market context.

This approximately 60,977-square-foot retail building is partially occupied by a 44,360-square-foot LA Fitness. The initial lease term has just under 15 years remaining, and there is additional 16,617 square feet of adjacent space that is currently vacant. LA Fitness reimburses all NNN expenses and will continue to do so until the vacancy is leased or the fifth anniversary of the effective date, whichever comes first.

The property is located at the intersection of Huebner Road and Babcock Road. Just north of the intersection and across Babcock is a new HEB grocery store that relocated from the LA Fitness location to expand its footprint to over 90,000 square feet. The intersection is described as one of northwest San Antonio’s highest trafficked locations, with over 77,000 cars per day combined traffic counts.

For the investment lease structure described in the offering, the asset is presented as a modified triple net lease with nearly 700 locations for LA Fitness’ operator. The highlights also note three five-year options remaining.

Key Highlights

  • 60,977 SF building on 5.14 acres (224,116 SF), partially occupied by a 44,360 SF LA Fitness
  • LA Fitness lease has just under 15 years remaining on the initial term (14 years remaining on a 15‑year modified NNN lease)
  • Tenant reimburses/NNN expenses are covered by LA Fitness until the vacancy is leased or the fifth anniversary of the effective date

Property Analytics

Current Use

SafeSplash Swim School ... Tutoring Service Chick-fil-A Restaurant LA Fitness Gym & Fitness Center Smooth & Savory Restaurant

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Hair Salon Restaurant Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

77,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,411
Businesses Nearby

Demographics for 78240, TX

56,112
Population
27,713
Households
2
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
11.2 sq mi
ZIP Area
5,010
Density / Sq Mi
$62,203
Median Household Income
$41,812
Median Earnings
$1,283
Median Rent
$245,100
Median Home Value

Market

Vacancy Rate% for Retail in San Antonio, TX

6.9% 2019
7.6% 2020
6.7% 2021
5.3% 2022
5.3% 2023
5.9% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Partially occupied by LA Fitness with adjacent vacant space and NNN reimbursements in place until leasing occurs.
Where is this retail space located?
The property is located at 5803 Babcock Road San Antonio, TX.
What are key features of this property?
This property features: 60,977 SF building on 5.14 acres (224,116 SF), partially occupied by a 44,360 SF LA Fitness; LA Fitness lease has just under 15 years remaining on the initial term (14 years remaining on a 15‑year modified NNN lease); Tenant reimburses/NNN expenses are covered by LA Fitness until the vacancy is leased or the fifth anniversary of the effective date
More about this property
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