Harlandale 354 E Southcross Blvd 15,500 SF 100% Leased Retail Building San Antonio, TX 78214 $3,669,373 CAD ($236.73 CAD/SF) 6.47% Cap Rate
INVESTMENT HIGHLIGHTS
- Corner Property
- 15 Rental Units
- Zoned C-3
- Mixed Use Building
- High traffic counts over 10k VPD
- Fully Leased
EXECUTIVE SUMMARY
This charming 1940s building was fully renovated in 2001, and has been updated further since new ownership in 2021. It's a total of 15,500 SF, and has 15 versatile rental units including general retail and offices, a medical clinic, and 11 residential units. Zoned C-3, this property offers a diverse investment opportunity in the heart of San Antonio. Owner occupies anchor space but is flexible if a new owner wants to occupy or re-lease the suite. Rental rates are slightly below market leaving room for improvement. Contact Broker for additional financial information.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
15,500 SF
Building Class
C
Year Built/Renovated
1940/2022
Price
$3,669,373 CAD
Price Per SF
$236.73 CAD
Cap Rate
6.47%
NOI
$237,430 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.54
Lot Size
0.66 AC
Zoning
C3 - C-3 districts are intended to provide for more intensive commercial uses than those located within the NC, C-1 or C-2 zoning districts.
Parking
37 Spaces (2.39 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Corner Lot
- Signalized Intersection
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Harlandale Clinic
- Health Care and Social Assistance
- 2,700 SF
- -
- -
- MS & Associates
- Finance and Insurance
- 1,866 SF
- -
- -
- South Town Vinyl
- Retailer
- 895 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Harlandale Clinic | Health Care and Social Assistance | 2,700 SF | - | - | ||
| MS & Associates | Finance and Insurance | 1,866 SF | - | - | ||
| South Town Vinyl | Retailer | 895 SF | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $929,911 CAD | |
| Land Assessment | $505,979 CAD | Total Assessment | $1,435,890 CAD |
