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Property profile & analytics
FOR LEASE
Theaters & concert halls

1918 SW Military Dr San Antonio, TX 78221

55,829 SF 2.86 ac lot Built 1975
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-1071827
Property summary
AI-generated overview

Mayan Shopping Center presents a compelling investment opportunity in Bexar County. This established, 58,215 square foot shopping center boasts a prime location at the heavily trafficked intersection of SW Military Drive and IH-35, ensuring high visibility and substantial foot traffic. The center comprises five single-story buildings, totaling 16 suites. Currently, the center is anchored by a theater and features a diverse mix of established tenants including Sherwin Williams, Geico, Sylvan Learning Center, 210 Sports Bar, Visionworks, and Health Texas, among others. This strong tenant mix demonstrates the center's enduring appeal and consistent occupancy. The property attracts over 600,000 visitors annually, creating a robust customer base for potential tenants. Two spaces are currently available, ranging from 2,600 to 3,825 square feet, presenting ideal opportunities for a variety of businesses, particularly those in the entertainment, service, or restaurant sectors. The property's strategic location and established tenant base make it an attractive investment with significant potential for growth and return. This is a rare opportunity to acquire a well-positioned, thriving shopping center in a high-demand area.

Property profile
Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1975
Total area 55,829 SF
Lot 2.86 ac (124,582 SF)
APN 12334-000-0060
UPID US82-1071827
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Santikos Entertainment Mayan Palace Cinema Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$805k
CAP Approach CAP
by Request
Comparable Approach Comparable
$701k
Blend (final) Blend
$755k
Owner & transaction history
Santikos Mayan Realty LLC · 2 yrs held
Santikos Mayan Realty LLC
since 2023
7 recorded transactions
2023
Price N/A
2020
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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