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Savings Square 6703 Bandera Rd

36,811 SF 100% Leased Retail Building San Antonio, TX 78238 $7,295,437 CAD ($198 CAD/SF) 7.75% Cap Rate

Investment Highlights

  • ATTRACTIVE, WELL-MAINTAINED RETAIL CENTER WITH EXCELLENT VISIBILITY AND ACCESS TO BANDERA ROAD, A MAJOR NORTH-SOUTH CORRIDOR
  • SEVEN OF THE SIXTEEN TENANTS ARE LONG TERM TENANTS
  • TRAFFIC COUNT OF APPROXIMATELY 53,406 VPD ON BANDERA ROAD
  • 100% OCCUPANCY
  • REPLACEABLE RENTS
  • 123,510 RESIDENTS WITHIN 3 MILES AND 359,099 RESIDENTS WITHIN 5 MILES OF THE PROPERTY

Executive Summary

PROPERTY CONSISTS OF A 36,811 SF SIXTEEN-TENANT SHOP SPACE RETAIL CENTER
LOCATED IN THE DYNAMIC, FAST-GROWING NORTHWEST QUADRANT OF SAN ANTONIO, IN A VERY STRONG RETAIL AND DEMOGRAPHIC AREA
TEXAS HAS NO STATE INCOME TAX

Financial Summary (Pro forma - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
36,811 SF
Building Class
B
Year Built
1983
Price
$7,295,437 CAD
Price Per SF
$198 CAD
Cap Rate
7.75%
NOI
$565,542 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
2.94 AC
Zoning
B-3 - B-3 zoning is a commercial district that allows for a variety of uses, including retail, service, office, and recreation.
Parking
147 Spaces (3.99 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

Nearby Major Retailers

Planet Fitness
Buddy's Home Furnishings
Starbucks
Velvet Taco
IHOP

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04430-001-0050
Land Assessment
$1,270,258 CAD (2023)
Improvements Assessment
$4,559,942 CAD (2023)
Total Assessment
$5,830,200 CAD (2023)
  • Listing ID: 34196933

  • Date on Market: 2024-12-13

  • Last Updated:

  • Address: 6703 Bandera Rd, San Antonio, TX 78238

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