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Shadow Anchored Strip Center 2106 E Sonterra Blvd 40,087 SF 100% Leased 4-Star Retail Building San Antonio, TX 78259 $11,851,000 ($295.63/SF) 6.50% Cap Rate
Investment Highlights
- Part of a Dominant Mixed-Use Lifestyle Destination
- Embedded Value-Add Oppotunity
- Affluent Stone Oak Trade Area with Strong Demographics
- Strategic Location at Premier North San Antonio Intersection
- Streamlined Ownership with Minimal Management Burden
- Strong Demographics In 5-Mile Trade Area
Executive Summary
Shops at The Legacy is integrated within the larger Legacy master-planned development, a 353,000 square foot mixed-use lifestyle center featuring retail, dining, entertainment, and residential components, generating approximately 2.8 million annual visitors.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
40,087 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2007
Price
$11,851,000
Price Per SF
$295.63
Cap Rate
6.50%
NOI
$770,340
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
4.56 AC
Zoning
C-3 - General Commercial
Parking
128 Spaces (3.19 Spaces per 1,000 SF Leased)
Frontage
173’ on North Loop 1604 East
Amenities
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 15671-002-0020 | Improvements Assessment | $1,201,990 |
| Land Assessment | $2,798,010 | Total Assessment | $4,000,000 |
Property Taxes
Parcel Number
15671-002-0020
Land Assessment
$2,798,010
Improvements Assessment
$1,201,990
Total Assessment
$4,000,000
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