2411 Interstate 410 Loop, San Antonio, TX 78217
- Lifestyle centers
- 31,503 SF
- 2.06 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 2411 Interstate 410 Loop
- Year built
- 1982
- Lot size
- 2.06 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.4185
- Latitude
- 29.5165
