Bandera Square
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!
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