2411 Interstate 410 Loop San Antonio, TX 78217
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Retail Center, Value-Add Opportunity
Property size:
31,503 SFProperty Features for 2411 Interstate 410 Loop
General Information
- Property type
- Lifestyle centers
- Square Feet
- 31,503 SF
- Lot Size
- 89,734 SF
Building Details
- Year Built
- 1982
- Buildings
- 1
- Units
- 15
Listing Agency: Marcus & Millichap Dallas Listing Agent: Philip Levy
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This 31,503-square-foot multi-tenant retail center in San Antonio, Texas, presents a compelling value-add opportunity. Located on the Northeast Interstate 410 Loop (Connally Loop), it boasts high visibility and traffic counts exceeding 216,300 vehicles daily. Currently 86% occupied with eight tenants, including a diverse mix of service-oriented businesses, a restaurant, and medical services, the property offers significant potential for revenue growth through lease-up and rent increases. All leases are triple-net (NNN). Recent improvements include parking lot sealing and restriping, exterior painting, landscaping upgrades, and new LED lighting. The property sits on 2.06 acres and includes a monument sign. Its prime location near major retailers, Iron Horse Valley Apartments (464 units), Interstate 35, and San Antonio International Airport, combined with strong demographics (average household income $83,626 within a five-mile radius), makes this a highly attractive investment. Built in 1982, the property is priced at $4,611,000 ($146 per square foot), below replacement cost, and offers a 7.00% cap rate with a net operating income (NOI) of $322,801. The 15 units are spread across one building.
Property Profile
Location Intelligence
Current Use by Public Records
Lifestyle centers
Map
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.418501220691
- Latitude
- 29.516490774567
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FAQs
What type of property is this?
Lifestyle center - Retail Center, Value-Add Opportunity
Where is this lifestyle center located?
The property is located at 2411 Interstate 410 Loop San Antonio, TX.
What is the asking price?
The asking price for this property is $4,611,000.
What are key features of this property?
This property features: 31,503-square-foot multi-tenant flex retail center in a high-traffic area of North San Antonio.; 86% occupied with triple-net leases.; Value-add opportunity with below-market rents offering significant revenue growth potential.