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29324818
29324819

2716 Fredericksburg Rd, San Antonio, TX 78201

BS
TX 633838
CBRE - San Antonio
CBRE - San Antonio
Listed by CBRE - San Antonio
$2,400,000
147 days on market
Updated 52 days ago

Plaza Del Rey

Details
Property Type Mixed Use, Retail
Sub Type Shopping Center, Storefront
Square Footage 31,240
Tenancy Multi
Pro-Forma Cap Rate 16.14%
Pro-Forma NOI $387,318
Price per SqFt $77
Broker Co-Op Yes
Class B
Year Built 1945
Buildings 1
Acreage 1.667
Parking Spaces 96 spaces
Parking Per SqFt 3.07
Investment Type Value Add
Ownership Fee Simple

Infill San Antonio Retail | $77 psf | 31,240 sf | 1.67 ac | Excellent Visibility | 96 Parking Spaces

Marketing description

This vacant 31,240-square-foot shopping center sits on 1.667 acres in San Antonio, Texas, within the highly trafficked Deco District. The Property benefits from exceptional visibility along Fredericksburg Road, which sees over 26,680 vehicles per day, and features a prominent pylon sign for added exposure. In addition, the Property is located within 20 minutes of 95% of the population inside Loop 410 and within 30 minutes of 95% of the population inside Loop 1604.

The surrounding trade area is densely populated, with more than 71,500 residents within a two-mile radius. Plaza Del Rey represents a rare opportunity to acquire an infill shopping center at a price well below replacement cost, offering significant upside through re-tenanting, redevelopment, or an owner-user strategy.

Currently 100% vacant, the Property provides a blank canvas and tremendous flexibility for a new owner to execute their vision.

Investment highlights

RARE URBAN INFILL SITE
› High-density area with over 71,500 residents within a two-mile radius
› 96 parking spaces
› 1.667-acre parcel

HEAVILY TRAFFICKED RETAIL CORRIDOR
› Extensive frontage on Fredericksburg Road, providing excellent visibility
› 26,680 VPD on Fredericksburg at Santa Barbara
› Large pylon sign

FLEXIBILITY FOR A NEW OWNER
› Owner-user opportunity
› Potential for asset repositioning or redevelopment
› 22,280 square foot box space

Listing Contacts

BS
TX 633838
CBRE - San Antonio
CBRE - San Antonio
Listed by CBRE - San Antonio

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