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33284873
32614623

451 Bandera Rd, San Antonio, TX 78228

HL
Crexi Contact
Commercial Real Estate Exchange Inc
CK
TX 497303
Foresite Commercial Real Estate
Listed by Foresite Commercial Real Estate, Commercial Real Estate Exchange Inc
Starting bid: $250,000
Bidding Starts:
July 13th, 2026 4:00 pm

Bandera Square

Details
APN 09201-001-0010 & 09201-001-0070
Property Type Retail
Sub Type Shopping Center
Square Footage 18,500
Units 7
NOI $22,455
Occupancy 23.5%
Tenancy Multi
Lease Type NNN
Broker Co-Op Yes
Acreage 1.260

Value-Add Shopping Center | 7 Units

Marketing description

For registration requirements and regulations, please review here or contact Hannah Ladenheim | 936-274-1332 | [email protected].

Bandera Square at 451 Bandera Road, San Antonio, TX 78228 is a compelling value-add retail investment at a highly visible corner of Bandera Road and Cincinnati Avenue. This 18,500 SF neighborhood center sits on 1.26 acres and offers a rare opportunity to acquire an asset with significant upside in one of San Antonio’s dense in-town trade areas. Currently 23.5% occupied, the property is anchored by existing tenants including World Finance and Total By Verizon, while approximately 13,089 SF remains available for lease-up. The center features multiple suite sizes, including a prominent end-cap space with abundant windows that is especially well suited for restaurant, retail, or service use. Positioned in a high-traffic corridor with approximately 29,000 vehicles per day and a population of 160,965 within a 3-mile radius, Bandera Square benefits from strong visibility, convenient access, and surrounding residential density. Recent capital improvements include exterior renovations, foundation repairs, and a new rear water line, creating a strong foundation for continued leasing momentum. With replaceable market rents in the low-$20s and meaningful lease-up potential, Bandera Square presents investors with the chance to unlock value and create a stabilized neighborhood retail asset!

  • Non-Contingent
  • Earnest Money Deposit is Greater of $20,000 or 10% of the Purchase Price
  • Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
  • $10,000 Participation Deposit

451 Bandera Rd, San Antonio, TX 78228

Investment highlights

  • Newly remodeled center located at the intersection of Bandera Road and Cincinnati Avenue.
  • Less than one mile away from the HEB on Culebra Road.
  • Features a large end cap with plentiful windows, ideal for a restaurant.
  • High traffic counts and residential density.
  • Two Parcels Included in This Sale!

Contacts

HL
Crexi Contact
Commercial Real Estate Exchange Inc
CK
TX 497303
Foresite Commercial Real Estate
Listed by Foresite Commercial Real Estate, Commercial Real Estate Exchange Inc

Map

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Additional Information

Name
Chad Knibbe
License
497303
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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