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2411 Interstate 410 Loop San Antonio, TX 78217

Sponsored
For Sale
$4,611,000

Retail Center, Value-Add Opportunity

Property size:
31,503 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
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 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

HighLights

  • 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.
  • Diverse tenant mix including service providers, restaurant, medical, and light manufacturing.
  • Recent property improvements including parking lot sealing, exterior painting, landscaping, and LED lighting.
  • Priced at $146/SF, below replacement cost.
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

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.
More about this property
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