This property is Off-Market

8327 Highway 151
San Antonio, TX 78227 ·

60,646 SF · Retail For Sale

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Westover Market

Price N/A Cap Rate 7.40%
Building Size 60,646 SF No. Stories 1
Property Type Retail Tenancy Multiple
Property Sub-type Retail (Other) Lot Size 5.53 SF
Property Use Type Net Lease Investment with 10+ years left on lease Parking Ratio 5.19 / 1,000 SF
Construction Status Under Construction/Proposed
Listing ID: 17886956 Date Created: 10/23/2012 Last Updated: 07/15/2013

Description

" New construction NNN Toys R Us/Babies R Us and Dollar Tree to be completed early 2013, immediately adjacent to and a part of the 600,000 square foot Target/Lowes anchored Westover Marketplace
" 100% leased to national tenants Toys R Us and Dollar Tree with primary lease terms through January 2029 and February 2018, respectively
" Located at the major regional retail intersection serving the acclaimed Westover Hills master-planned community
" San Antonio's Westplex , was identified as one of the Top 10 "Emerging Growth Corridors" by The National Real Estate Times newspaper
" Interstate 410 generates traffic of over 245,000 vehicles per day traveling north and south of Highway 151
" Strong demographics with over 250,000 people in the five-mile radius
" Major growth corridor with number of households within a three-mile radius projected to increase by 12.9% by the year 2015
" Lackland Air Force Base located 8 miles from the center employs over 37,000 military and civilian personnel

NThe 600,000-square foot Westover Marketplace power center is the retail cornerstone of the Westover Hills master-planned community in San Antonio' s high-growth northwest sector. Westover Hills is one of the nation's premier award winning large-scale master-planned mixed use developments, strategically located in the center of San Antonio' s fastest and most dynamic growth sector, commonly referred to as the city' s Westplex.

Westover Hills is located sixteen minutes from downtown San Antonio, eighteen minutes from the San Antonio International Airport and ten minutes from Lackland and Kelly Air Force Bases. San Antonio's Westplex, which Westover Hills is in the center of, was identified as one of the Top 10 "Emerging Growth Corridors" by The National Real Estate Times newspaper.

Research

8327 Highway 151, San Antonio, TX 78227 (Bexar County)

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