6151 NW Loop 410 | San Antonio, TX 78238
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- LoopNet Team
6151 NW Loop 410
San Antonio, TX 78238
Ingram Park Plaza · Retail Property For Sale
Investment Highlights
- 35% of GLA Occupied By San Antonio Eye Center & Harris Optical on 20 Year Lease From COE With 10% Rent Escalations Every 5 Years
- Upside Through Converting Gross Leases to Triple Net (NNN) and Improving Tenant Mix
- Recent Capital Improvements: Roof Replacement - 71% of GLA (Building 2-4); Parking Lot - Resurfaced and Refinished; Pylon Signage - New LED Lighting/F
- 27% Under Market Rents With Average Rental Rate of $13.77 (Market Rate is $18.83)
- 100% Occupied - 53.36% of the GLA Has Gross Expenses - 32.85%; Leases Contains No Options For Renewal
- Excellent Demographics With a Population Over 129,014 Residents Making an Average Household Income of $62,853 Within a 3-Mile Radius
Property Facts
Property Type
Retail
Property Subtype
Building Size
41,452 SF
Building Class
C
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
3.62 AC
Zoning
C-3 - General Commercial District
Parking
167 Spaces (5.05 Spaces per 1,000 SF Leased)
Frontage
339’ on Northwest Loop 410
Amenities
- Freeway Visibility
- Signage
Property Taxes
| Parcel Number | 16663-001-0190 | Improvements Assessment | $4,549,720 |
| Land Assessment | $2,450,280 | Total Assessment | $7,000,000 |
Property Taxes
Parcel Number
16663-001-0190
Land Assessment
$2,450,280
Improvements Assessment
$4,549,720
Total Assessment
$7,000,000
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