Bandera Festival Shopping Center 8425 Bandera Rd Local commercial 18 070 m² 84 % Loué À vendre San Antonio, TX 78250 30 200 449 € (1 671,33 €/m²) Taux de capitalisation 7,09 %

Bandera Festival Shopping Center is a value-add, 194,501-square-foot, multi-tenant community shopping center located in San Antonio, Texas. Anchored by Crunch Fitness and Dollar Tree, the center features a strong mix of retail, medical, and government businesses with staggered lease expiration dates, and the majority include scheduled rent increases. The subject property is 84 percent occupied, and 65 percent of the gross leasable area has triple-net leases, providing significant upside potential. The shopping center is comprised of two multi-tenant buildings and one single-tenant building that is on a ground lease with Taco Cabana, situated on a large 18.3-acre parcel with ample paved parking. The property also features a double-sided monument sign providing additional exposure to the center.
Bandera Festival Shopping Center is strategically located at the signalized intersection of Bandera Road and Guilbeau Road. The property is easily accessible from multiple ingress and egress points from both streets, with cumulative traffic counts of approximately 56,150 vehicles per day. The property is shadow-anchored by H-E-B and catty corner from Walmart Supercenter. Numerous national and regional retailers are in close proximity, including Buffalo Wild Wings, McDonald's, Advance Auto Parts, KFC, Wendy's Popeyes Louisiana Kitchen, KFC, Valvoline Instant Oil Change, Chase Bank, Goodwill, O'Reilly Auto Parts, T-Mobile, Fantastic Sam's, Chipotle Mexican Grill, Burger King, and many more. Bandera Festival Shopping Center is approximately eight miles from several of the city's major traffic drivers, including The University of Texas at San Antonio campus, Valero corporate office, and USAA headquarters. The surrounding area benefits from excellent demographics, serving a population of more than 338,730 within a five-mile radius. The average household income is $90,352 within one mile; $89,269 within three miles; and $83,508 within five miles.