6501-6571 Bandera Rd
San Antonio, TX 78238
Seneca Plaza Shopping Center · Retail Property For Sale

Seneca Plaza presents an investor with an excellent opportunity to acquire a 32,300 square foot retail strip center situated upon 3.38 acres of Irreplaceable real estate within the heart of Leon Valley (San Antonio), Texas. Excellent exposure to high traffic counts exceeding 56,709 vehicles per day with 425 feet of prime Bandera Road frontage. Seneca Plaza benefits from the multiple points of ingress/egress while being prominently situated at the hard corner, signalized intersection of Bandera Road at Seneca Drive. Seller financing and/or joint venture opportunities will be considered. Irreplaceable Leon Valley (San Antonio) Location: Excellent exposure to nearly 57,000 AADT combined average vehicles per day with 496 feet of frontage on the major thoroughfare joining I-410 to the US LOOP 1604 in the Northwest Submarket of San Antonio. Stabilized Multi-Tenant Opportunity: High-demand location enables an investor ease of re-tenanting at market rates, which in many cases will provide upside. Additional opportunity exists to more fully re-capture common area expenses. Most leases currently call for an established base year, enabling an offset for future tax increases. Favorable Support From Municipality: The Leon Valley Economic Development Corporation is fully supportive of growth and re-development projects geared towards the enhancement of this critical intersection in an effort to maximize other projects currently in planning stages. Demand From National Chain Retailers: Existing demand from credited national chain tenants provides evidence of strength in real estate fundamentals. Flexibility In Short Term Leases: Asset currently offers an investor/ developer flexibility with existing mom & pop tenant mix when considering the short term nature of many of the leases, and some tenants occupying on a month-to-month basis.