8425 Bandera Rd San Antonio, TX 78250

Property Details for 8425 Bandera Rd

Lot size

18.30 lot acres

Property size

194,501 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This 194,501-square-foot shopping center in San Antonio, Texas, boasts a 99% occupancy rate and a diverse tenant mix of 37 businesses, including Crunch Fitness, Big Lots, and Dollar Tree. Strategically located at a hard corner with high traffic counts exceeding 56,150 vehicles daily, the property benefits from its shadow-anchored position near H-E-B and Walmart. The 18.3-acre site includes four buildings and offers a pad site for future development. 78% of the gross leasable area is under triple-net leases, and current rents are below market, presenting significant upside potential. The property's strong demographics, with an average household income exceeding $83,508 within a five-mile radius, further enhance its investment appeal. A long-term ground lease with Taco Cabana (33+ years) adds stability. The center's location provides easy access from multiple ingress and egress points. Large pylon signage ensures high visibility. This stabilized investment opportunity offers a compelling combination of strong occupancy, below-market rents, and a prime location in a high-growth area. The mix of retail, medical, and government tenants provides diversification and stability. The property's size and location make it an attractive investment for long-term growth and income generation. The significant population density within a five-mile radius (338,730 residents) ensures a robust customer base. The property's 36 units are spread across four buildings.