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THE CAR WASH COMPANY - GATEWAY VILLAGE SHOPS 166 N Loop 1604 E 29,205 SF 76% Leased Retail Building San Antonio, TX 78232 $1,370,000 ($46.91/SF)

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INVESTMENT HIGHLIGHTS

  • Amazing

EXECUTIVE SUMMARY

This Stone Oak asset provides a clear path to a 7.85% stabilized cap rate, fueled by 68% NOI growth potential through immediate lease-up of 7,307 SF of vacant space. It offers stable base income ($217,307 annually) plus $30k in bonus car wash income. Ideal for value-add investors seeking high returns or owner-users who benefit from a unique 5,207 SF studio space and tenant income to offset ownership costs. Ground lease renegotiation is open.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
29,205 SF
Building Class
C
Year Built/Renovated
2006/2020
Price
$1,370,000
Price Per SF
$46.91
Percent Leased
76%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.39
Lot Size
1.72 AC
Zoning
C-3 - C-3 City of San Antonio
Parking
47 Spaces (1.47 Spaces per 1,000 SF Leased)
Frontage
238’ on Tx-1604-loop Fwy

AMENITIES

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Above The Clouds
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Above The Clouds Retailer - $9.99 Lorem Ipsum -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 2nd Floor
  • 5,207 SF
  • Office/Retail
  • -
  • Now

Versatile Open Space: Previously a karate school; ideal for a card house, night club, or similar venue. Customizable: Divisible area to fit specific needs. Multi-Use Potential: Suitable for sports, classes, or any evening activities. C-3 Zoning: Offers a wide range of commercial opportunities in San Antonio. Exclusive Access: Features a private entrance for convenience and prestige. - 2165 sq ft of retail/cafe/bar/restaurant or ghost kitchen space on 1st floor - 7582 sq ft of 2nd generation space on 2nd floor - Entire floor available for lease with divisible layout - Ideal for sports and fitness use, suitable for evening and night-time - Class A commercial property, C-3 Zoning approved by City of San Antonio - Private entrance for added exclusivity - Spacious and versatile floor plan with modern, well-maintained interior design - Ample parking for tenants and guests - High visibility in prime commercial location - Proximity to major highways and transportation hubs

  • 201B
  • 280 SF
  • Office
  • -
  • Now
  • 201C
  • 300 SF
  • Office
  • -
  • Now
  • 201D
  • 440 SF
  • Office
  • -
  • Now
  • 201E
  • 600 SF
  • Office
  • -
  • Now
  • 201F
  • 300 SF
  • Office
  • -
  • Now
Space Size Space Use Position Available
2nd Floor 5,207 SF Office/Retail - Now
201B 280 SF Office - Now
201C 300 SF Office - Now
201D 440 SF Office - Now
201E 600 SF Office - Now
201F 300 SF Office - Now

2nd Floor

Size
5,207 SF
Space Use
Office/Retail
Position
-
Available
Now

201B

Size
280 SF
Space Use
Office
Position
-
Available
Now

201C

Size
300 SF
Space Use
Office
Position
-
Available
Now

201D

Size
440 SF
Space Use
Office
Position
-
Available
Now

201E

Size
600 SF
Space Use
Office
Position
-
Available
Now

201F

Size
300 SF
Space Use
Office
Position
-
Available
Now

2nd Floor

Size 5,207 SF
Space Use Office/Retail
Position -
Available Now

Versatile Open Space: Previously a karate school; ideal for a card house, night club, or similar venue. Customizable: Divisible area to fit specific needs. Multi-Use Potential: Suitable for sports, classes, or any evening activities. C-3 Zoning: Offers a wide range of commercial opportunities in San Antonio. Exclusive Access: Features a private entrance for convenience and prestige. - 2165 sq ft of retail/cafe/bar/restaurant or ghost kitchen space on 1st floor - 7582 sq ft of 2nd generation space on 2nd floor - Entire floor available for lease with divisible layout - Ideal for sports and fitness use, suitable for evening and night-time - Class A commercial property, C-3 Zoning approved by City of San Antonio - Private entrance for added exclusivity - Spacious and versatile floor plan with modern, well-maintained interior design - Ample parking for tenants and guests - High visibility in prime commercial location - Proximity to major highways and transportation hubs

NEARBY MAJOR RETAILERS

Starbucks
Frost National Bank
Corner Bakery Cafe
Trader Joe's
Orangetheory Fitness
Torchy's Tacos
Applebee's
IHOP
Clean Eatz
Patriot National Bancorp, Inc.
  • Listing ID: 31586820

  • Date on Market: 4/23/2024

  • Last Updated:

  • Address: 166 N Loop 1604 E, San Antonio, TX 78232

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