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INVESTMENT HIGHLIGHTS
- H-E-B is a privately held, Texas-based supermarket chain with 435 locations across Texas and northern Mexico
- #1 Grocery Store in the U.S – CBS News (2025)
- Exercised a 5-year extension in 2025
- $46.5 billion in annual revenue (22% increase over 2022)
- Successfully operated at Las Palmas since 1982
- Top 20% most trafficked store in their chain per Placer.ai with 2.7 million annual visitors; H-E-B average store sales exceed $100 million
EXECUTIVE SUMMARY
Las Palmas Shopping Center is a value-add, grocery-anchored center in infill San Antonio, anchored by a dominant H-E-B.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 262,522 SF |
| Number of Properties | 7 | Total Land Area | 84.00 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 262,522 SF |
| Total Land Area | 84.00 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Las Palmas Shopping Center
803 Castroville Rd, San Antonio, TX 78237 |
Retail | 132,707 SF | 1956 | - |
| 721 Castroville Rd, San Antonio, TX 78237 | Retail | 91,553 SF | 1982 | - |
| 803 Castroville Rd, San Antonio, TX 78237 | Retail | 11,100 SF | 1956 | - |
|
Palmas Corner
950 S General McMullen Dr, San Antonio, TX 78237 |
Retail | 9,750 SF | 2016 | - |
| 719 Castroville Rd, San Antonio, TX 78237 | Retail | 7,317 SF | 2025 | - |
| 911 Castroville Rd, San Antonio, TX 78237 | Retail | 6,000 SF | 1980 | - |
| 803 Castroville Rd, San Antonio, TX 78237 | Retail | 4,095 SF | 1956 | - |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Las Palmas Shopping Center
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