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34369440
34369430

8751 Grissom Rd, San Antonio, TX 78251 For Sale

RK
TX TX 693716
RESOLUT RE San Antonio
Listed by RESOLUT RE San Antonio
$4,000,000
4 days on market
Updated 4 days ago

Great Northwest Shopping Center

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 68,031
Occupancy 90.57%
Tenancy Multi
Lease Type Gross
Price per SqFt $59
Year Built 1982
Buildings 2
Stories 1
Acreage 5.250
Zoning C-3
Investment Type Value Add
Ground Lease No

68,031 SF Value-Add Opportunity

Marketing description

Great Northwest Shopping Center represents a rare chance to acquire a well-located retail center at a discounted basis, recapitalize the physical plant, and reposition the asset through active management and lease restructuring.

For investors seeking yield expansion through operational execution and capital improvements, this offering presents a compelling risk-adjusted opportunity.

Investment highlights

  • Transitional Value-Add Retail Opportunity
  • Contractual Rent Growth Already In-Place
  • Heavy Lease Control With M-T-M Flexibility
  • Attractive Entry Basis Relative to Replacement Cost
  • Clear Repositioning Roadmap

Listing Contacts

RK
TX TX 693716
RESOLUT RE San Antonio
Listed by RESOLUT RE San Antonio

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Additional Information

Name
Ray Kang, CCIM
License
TX 693716
Brokerage
RESOLUT RE
Brokerage Phone
2104719757
Title
Principal
Brokerage Address
10127 Morocco Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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