6151 NW Loop 410 - Retail FOR SALE
San Antonio, TX 78238 |
6151 NW Loop 410
San Antonio, TX 78238
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
- 27% Under Market Rents With Average Rental Rate of $13.77 (Market Rate is $18.83)
- Upside Through Converting Gross Leases to Triple Net (NNN) and Improving Tenant Mix
- 100% Occupied - 53.36% of the GLA Has Gross Expenses - 32.85%; Leases Contains No Options For Renewal
- Recent Capital Improvements: Roof Replacement - 71% of GLA (Building 2-4); Parking Lot - Resurfaced and Refinished; Pylon Signage - New LED Lighting/F
- Excellent Demographics With a Population Over 129,014 Residents Making an Average Household Income of $62,853 Within a 3-Mile Radius
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Ingram Park Plaza
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Freestanding, Storefront, Medical
TOTAL BUILDING SIZE
41452
STORIES
1
YEAR BUILT
1986
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
16663-001-0190
