2118 S Zarzamora St
San Antonio, TX 78207
Empire Plaza · Retail Property For Sale

CBRE’s Investment Properties Team has been exclusively retained to offer Empire Plaza, an 80,097-square-foot neighborhood shopping center situated on 7.78 acres at 2118 S. Zarzamora Street in San Antonio, Texas (“Property”). Strategically located less than five miles from Downtown San Antonio, Empire Plaza represents a compelling value-add investment opportunity with significant leasing upside in one of the city’s most densely populated trade areas.
Currently 67% occupied, the Property is anchored by a mix of necessity based and daily-use retailers including Dollar Tree, Grifols, Laundry Express, Total Wireless, Cricket, and Amigos Gas Station. Approximately one-third of the center remains available for lease, creating an immediate opportunity for investors to significantly increase net operating income through lease-up and tenant repositioning.
Empire Plaza benefits from exceptional visibility and accessibility along South Zarzamora Street, with exposure to more than 14,600 vehicles per day, and is located just north of Highway 90, which carries over 164,000 vehicles per day. A prominent pylon sign, substantial frontage, and approximately 500 parking spaces provide tenants and customers with excellent access and convenience. The Property serves a dense residential population of nearly 138,000 residents within a three-mile radius and is surrounded by a variety of educational institutions, multifamily communities, employers, and major transportation corridors that support consistent consumer traffic.
The offering presents investors with the rare opportunity to acquire a well-located community shopping center with meaningful occupancy upside, durable in-place cash flow, and multiple value-creation strategies. Through focused leasing efforts, tenant diversification, and potential operational enhancements, a new owner can unlock significant NOI growth while benefiting from the long-term strength of the San Antonio market and the property’s irreplaceable infill location.