Palmhurst Village Shopping Center is an 84% occupied investment opportunity with an excellent tenant mix, driving traffic to the area. Ross Dress for Less and Wingstop tenants rank in the 93rd and 98th percentiles nationwide with 790,000 visits combined per year, per Placer.ai. The 3 building asset sits on a massive 13.22 acre lot with ample parking and is strategically placed at a hard corner signalized intersection with +50,800 combined traffic counts. The subject property has excellent visibility, frontage, and access in a dense retail corridor with numerous national retailers in the immediate surrounding area.
The site is shadow anchored by H-E-B Grocery Co. and H-E-B Fuel & Wash with over 2.5MM visits per year per Placer.ai. The subject property is 5.5 miles from Mission Regional Medical Center (approximately 1,000 employees) and is directly adjacent to Walmart anchored shopping center with national retailers such as GameStop, Murphy USA, Verizon, Subway, Jack in the Box, and more. There are several multi-family developments in the surrounding area, with over 630 units within a 4-mile radius of the site.
Watch Property Video: https://vimeo.com/1018979939/de4bb1c324?share=copy