Ingram Place
Value-Add Retail Opportunity | Below Market Rents | Shadow-Anchored by Ingram Park Mall
Marketing description
Ingram Place is a 55,622-square-foot neighborhood retail center currently 91 percent occupied by a diverse mix of service, medical, restaurant, and specialty retail tenants serving the surrounding Northwest San Antonio trade area. The property is anchored by a 7,764-square-foot federal government tenant (US Army/Navy/Air Force recruitment offices) and supported by a broad mix of neighborhood-serving businesses including Regional Finance, Sonterrey Mexican Restaurant, Flavor Rich Restaurant, Sana Asian Market, Peng's China Town Restaurant, The Fun Zone, Legacy Smile Family Dental, Harjap Liquors, Snap Back Tax, Z Bridal, and others. Adjacent pad sites Taco Bell and KFC are not a part of the offering.
The center benefits from its high-visibility location along Wurzbach Road near the signalized intersection with Ingram Road and less than one-tenth of a mile from Loop 410, one of San Antonio’s most heavily traveled highways. Traffic counts along Wurzbach Road exceed 32,500 vehicles per day, delivering strong exposure and accessibility for tenants serving the surrounding dense residential population. Ingram Place is shadow-anchored by the 1.1 million-square-foot Ingram Park Mall, a dominant regional retail destination featuring major national retailers such as Macy’s, Dillard’s, and JCPenney along with more than 150 stores and restaurants that draw consistent regional traffic. The surrounding trade area features a dense concentration of national retailers, restaurants, and service providers, reinforcing the property’s role as a neighborhood retail hub.
Investment highlights
VALUE-ADD RETAIL OPPORTUNITY
91 percent occupied neighborhood shopping center with the ability to increase income through lease-up of remaining vacancy and mark-to-market rental increases.
DIVERSIFIED TENANT MIX
Stable income stream supported by a variety of service-oriented and neighborhood-serving tenants, along with U.S. government credit, catering to the surrounding residential population.
BELOW MARKET RENTS
The property's average rents are currently below market rates, providing an immediate opportunity for rental growth.
SHADOW-ANCHORED BY INGRAM PARK MALL
Located across from Ingram Park Mall, which includes major retailers such as Dillard’s, Macy’s, JCPenney, and Rush Maxx. With over 150 stores, the mall drives significant foot traffic to the area (4.1 million visits annually).
PRIME RETAIL CORRIDOR NEAR LOOP 410
Positioned in a high-traffic location on Wurzbach Road (32,500 VPD) just west of Loop 410 (207,425 VPD), one of the region’s most heavily-traveled freeways, Ingram Place boasts excellent visibility and accessibility.
STRONG DEMOGRAPHICS AND POPULATION DENSITY
Located within a mature and densely populated residential area of Northwest San Antonio that supports long-term retail demand.
PROXIMITY TO MAJOR EMPLOYMENT HUBS
The market is anchored by several of the region's largest employers, including Lackland Air Force Base, USAA Corporate Headquarters, and the South Texas Medical Center, all within 10 miles of the property.
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